2 Douglas Pike - Office FOR SALE


Smithfield, RI 02917
$749,900 USD
401-232-3900
2 Douglas Pike, Smithfield, RI for Sale
$749,900 USD
Office - FOR SALE
1/50
null | 6% Cap Rate

2 Douglas Pike
Smithfield, RI 02917


HIGHLIGHTS

  • Plenty of Parking
  • Great Exposure
  • Overlooking Water-Twin Rivers.
  • Near all Highways
  • Sewers Available

OVERVIEW

Smithfield Mixed-Use Investment – Prime Lakeside Location Unlock a rare opportunity in the lakeside gateway to Smithfield with this 2,500+ sq. ft. mixed-use building. With broad zoning potential, this property offers multiple income-generating possibilities, including restaurant, office, or retail concepts. Key Investor Highlights: Versatile floor plan ideal for multi-tenant or mixed-use configurations Town sewer access supporting long-term growth Easement to Ridge Road, enhancing development flexibility High-visibility location in one of Smithfield’s most active gateways Whether you’re looking to diversify your portfolio or establish a long-term hold in a thriving market, this property offers an attractive combination of location, utility, and future upside. Property also includes a third-floor residential tenant with an existing one-year lease expiring in October 2026.

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$242 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

PD

APN/PARCEL ID

SMIT-000042-000000-000040A

ASK ABOUT THIS PROPERTY

Robert ShirleyRE/MAX PropertiesMore Info
401-232-3900

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Robert ShirleyRE/MAX PropertiesMore Info
401-232-3900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.