Date
Details
Price
Change
Source
7/21/2025
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/8
$2,750,000
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Property Description
Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details. SITE 2 (Lot 411) 250 George Washington Highway $2,982,000 Resident 42 units @ 71K per door $2,518,764 Retail - 21,950 ft. retail @ $45 per ft. = $987,750 - 15% vacancy = $839,588 AOI $2,518,763 Land Cost (3 years of income) $4,179,940 Replacement Cost (5 years income) $1,679,176 Developers Profit (2 years income) $5,500,764 Land Value/Sale Price (Lot 411)
Full Property Details
Full Property Details for 230 George Washington Hwy
General
- Price: $2,750,000
- Taxes: $4,628 (2023)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1390565
- Updated: 7/21/2025
- Added to Site: 331 day(s) ago
Business
- Business Type: Accounting, Arts and Entertainment, Administrative a
Location
- County: Providence
- Near Highway: Yes
Community
- Units Assoc/Comm: 25
Utilities
- Water: Connected, Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Sewer Available, Water Available
Structural Information
- # Buildings: 2
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Frame, Steel
- Stories/Levels: 0
- Building Size: 41775
- Finished Total: 41,775 Sq. Ft.
- Finished Above Grnd: 41,775 Sq. Ft.
- Year Built: 2025
Lot Features
- Lot Size (Acres): 2.53
- Lot Size (Sq. Ft.): 110,207
- Lot Size: 110207
- Frontage: Private Road, Asphalt
- Street Lights: Yes
- Lot Features: Wetlands
- Potential Use: Commercial, Development, Mixed Use, Office, Other, Residential, Retail
Financial Considerations
- Tax Amount: $4,628
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Building Plans, Environmental Study, Perc Report, Site Plan, Survey, Topographical Survey
- Property ID: 230GEORGEWASHINGTONHWYSMTH
- Lot Number: 67
Listed by Balletto Realty
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Listing agent
— 230 George Washington Hwy —
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Schools
Schools serving 230 George Washington Hwy
School District:Smithfield School District
| Name | Grades | Distance |
|---|---|---|
Raymond Laperche School 11 Limerock Road, Smithfield, RI 02917 | K-5 | 1.5 mi |
Vincent J. Gallagher Middle School 10 Indian Run Trail, Smithfield, RI 02917 | 6-8 | 2.5 mi |
Smithfield High School 90 Pleasant View Avenue, Smithfield, RI 02917 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 230 George Washington Hwy
Tax History
Tax History for 230 George Washington Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,020
2%
$405,200
19%
2024
$4,911
6%
$340,100
1%
2023
$4,628
3%
$337,300
—
2022
$4,506
-9%
$337,300
17%
2021
$4,942
2%
$288,500
—
2019
$4,850
23%
$288,500
29%
2018
$3,930
3%
$223,800
3%
2017
$3,803
5%
$216,600
—
2016
$3,624
3%
$216,600
8%
2015
$3,532
25%
$201,000
14%
2012
$2,828
—
$176,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 230 George Washington Hwy
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- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 1,196Sq. Ft.
- Single Family
- Active
- Updated 20 hours ago
- 2Beds
- 2Total Baths
- 1,482Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 1,415Sq. Ft.
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- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,250Sq. Ft.
- Single Family
- Active
- Updated 3 hours ago
- 3Beds
- 1Total Bath
- 1,296Sq. Ft.
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230 George Washington Highway, Smithfield, RI 02917 (MLS# 1390565) is a Commercial Residential Facility property. 230 George Washington Highway is currently listed for $2,750,000 and was received on July 21, 2025. Want to learn more about 230 George Washington Highway? Do you have questions about finding other Commercial Residential Facility real estate for sale in Smithfield? You can browse all Smithfield real estate or contact a Coldwell Banker agent to request more information.