376 Bullocks Point Avenue East Providence

$500,000
24,829 sq ft

The Property

Incredible opportunity for developers and equity partners in the heart of Riverside, RI. This expansive 25,000 sq. ft. lot is ideally positioned in a prime location and offers the potential for a 40–50 unit residential complex with the unique addition of a rooftop restaurant showcasing water views.

Lot currently features an incredibly successful restaurant that has been operating for the last 30 years, with a newly renovated dining and lounge area offering stylish, modern finishes. Rarely does a site of this size and flexibility come available, presenting unmatched potential for a signature development project in one of the city’s most desirable areas. Whether you’re seeking to create modern housing, a mixed-use community, or an iconic destination, this property offers endless possibilities. We are actively seeking a developer or equity partner to join in realizing the full vision of this project.

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Listing Details

MLS Number

1397999

Lot Size:

0.57 acres

Features

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

Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today22-86.7% decrease in inventory
    New on Market *2-60% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.94$205 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$262,500$262,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *77.51%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$79.97$80 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *139139 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

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