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28 Park Avenue, South Kingstown

28 Park Avenue South Kingstown

$2,200,000
10,168 sq ft

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The Property

Step into a piece of history with 28 Park Avenue, an iconic building nestled in the heart of Matunuck, RI. Built in 1903, this legendary property boasts multiple units that offer incredible potential for development and improvement. With its rich architectural heritage and prime location, this building presents an exceptional opportunity for investors looking to improve and capitalize on the area’s growing demand for modern rental units.

Currently offering a mix of studio, 1 and 2 bedrooms, the property holds untapped potential to significantly increase rents through strategic upgrades, renovations, and reimagination.

Additionally, expired plans once proposed an additional structure for apartments on the property, highlighting the site’s potential for expansion. Whether you’re looking to restore the charm of its historic roots or modernize it to meet today’s market demands, 28 Park Ave offers flexibility to transform it into a high-demand, high-return asset.

The location is prime for development—just moments away from Matunuck Beach, renowned dining spots, and a vibrant seaside community. With the right vision and improvements, 28 Park Ave could become one of the most sought-after properties in the area.

Don’t miss your chance to own a piece of Matunuck’s storied past with endless possibilities for the future.

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Listing Details

MLS Number

1377186

Lot Size:

0.77 acres

Features

  • Basement: Full
  • Sprinklers
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Common
  • Heating Fuel: Common
  • Laundry
  • Free Standing
  • Year Built: 1903

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Market Trends for Commercial Sale
in South Kingstown

Meet Your Associates

The Local Group

D: 401.212.0348 thelocalgroup@liladelman.com

Meet The

Benjamin Wood

M: 401-612-3727 D: 401-284-4868 O: 401-789-6666 Benjamin.Wood@LilaDelman.com

Meet Benjamin

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