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405 Douglas Pike Smithfield

$357,000
0 1,728 sq ft

The Property

One-of-a-kind commercial property located directly on Douglas Pike! This is office space with a whole lot more to offer! Located on a high traffic road with easy access to I-295 and RI-146, this property has ample frontage for large sign to draw business in. The building’s most recent use was as an architecture and design firm office, but it will work for a wide variety of businesses including everything from healthcare to daycare, an art studio to a real estate office. or anything in-between. In fact, there are actually two separate units, one on each floor, so in reality you could have both at the same time.

Endless possibilities with this property. There is even a 2 car garage that would be great for storage or a small warehouse space. On top of that, there are about 10 paved outdoor parking spots with plenty of room to expand! There is even an area for outdoor meetings/gatherings when the weather permits! Get away from the stressful urban jungle and handle your business in peace in this skylit building nestled among a small pine tree forest. The structure, built in 1986, is newer and its type of construction lends to being able to easily convert to your business’ needs. Options include one larger unit as it has been used or two smaller commercial units. Even a mixed-use live/work situation could and would be ideal at this location! The lot is nearly 1 acre so there are plenty of possibilities to expand. Strong possibility of of adding additional townhouse style units!!!

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Listing Details

MLS Number

1333863

Lot Size:

0.91 acres

Features

  • Garage
  • Security
  • Heating: Baseboard, Forced Water, Gas Connected, Zoned
  • Type: Administrative and Support,Apartment,Arts and Entertainment,Cape Cod,Commercial,Construction/Contractor,Contemporary,Decorator,Flex Space,Free-Standing,Loft,Mixed Use,Multi Family,Office,Office Building,Outdoor Sign,Parking,Photographer,Printing,Professional Service,Professional/Office,Real Estate,Research & Development,Residential,Up/Down,Variety
  • Year Built: 1986

Market Trends for Commercial Properties
in Smithfield

  • Overview
    Homes for Sale Today15-81.7% decrease in inventory
    New on Market *4100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$151.18$151 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$350,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$130 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *241 decrease 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 The Seyboth Team

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