CCertihomes
250 George Washington, Smithfield, RI 02917

$4,500,000

0 beds 0 baths Built 2023Active

About this home

Attention investors/developers or restaurant owners: Be part of Rhode Island’s next hottest area for development!! Pad ready - with Master plan approval for a 5, 600 ft.² restaurant with 252 seats; but currently in the process of getting an updated “master plan approval for 42 residential units and 18, 000 ft.² retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$159,173/mo

Real estate (PITI + HOA + PMI)
$51,389
Principal + interest$20,410
Property tax + insurance$29,291
PMI / 2nd mortgage$1,688
Utilities
$218,450
Heating + cooling$109,072
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$152
Car insurance + maintenance$152
Other (entertainment)
$140
$159,173/mo TLC
Budget$159,673/mo
Remaining after TLC$500/mo
Purchase price
$4,500,000
Down payment
$225,000 (5%)
Loan amount
$4,275,000
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
2023
Lot size
3.6878 ac
Stories
0
Heating
Cooling
Water
Available, Municipal, Public
HOA
Annual tax
$2,023
MLS #
1343389
County
Providence

Home features

Sewer
Available

Lot features

Rural

Neighborhood — 02917

MetricThis ZIPCountyUSA
Population15,5521,095,423299,088,112
Population Change Since199014.00%9.00%20.00%
Population Density695994
Male7,756529,266147,432,321
Female7,796566,157151,655,844
Never Married4,643266,40463,775,926
Married6,110435,678123,120,365
Separated44143,64212,639,686
Widowed1,01766,66815,467,586
Divorced1,12383,84323,075,029
Number Of House Hold5,223410,399111,826,380
Average House Hold Size2.422.562.60
Medial Age36.4737.2735.46
Median House Hold Income$58,971$47,553$48,276
Average House Hold Income$70,706$61,609$63,629
P C I$26,429$23,965$24,529
M D I$48,906$40,634$41,133
A T H E$55,206$49,940$50,898
S T R7.00%7.00%
W C J74.56%78.02%77.74%
(Zip) Code
2917

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 11/13/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.