376 Bullocks Point Avenue East Providence

$1,495,000
24,829 sq ft

The Property

Exceptional development opportunity in East Providence featuring an established restaurant on an expansive approximately 25,000 SF lot with significant redevelopment potential. The property presents a unique opportunity for residential development, with plans targeting approximately 19–20 single-family townhomes. An additional 9-unit apartment development is also being pursued, with approvals anticipated within approximately 3 months. The development team is already in place, including the city, attorney, and architect, and a completed survey is available.

Located within walking distance of Crescent Park and the waterfront, offering access to scenic Narragansett Bay views, walking trails, picnic areas, and recreational amenities. A rare opportunity for developers, investors, or owner-users seeking an established commercial operation with substantial residential redevelopment potential in a desirable East Providence location.

Read more

Listing Details

MLS Number

1424923

Lot Size:

0.57 acres

Features

  • Heating: Central
  • Heating Fuel: Central
  • Urban
  • Year Built: 1940

Market Trends for Commercial/Business,Commercial Sale
in East Providence

  • Overview
    Homes for Sale Today14-30% decrease in inventory
    New on Market *5400% increase in new listings
    Avg. Asking Price/Sq.Ft. *$180.39$4 increase in List Price/Sq.Ft.
    Avg. Sale Price *$365,000$365,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *82.02%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *305305 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Limitless
Phone: 508-567-3468

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!