Property details
About 250 George Washington Hwy
Attention investors/developers: Be part of Rhode Island's next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft. 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. SITE 2 (Lot 411) 250 George Washington Highway $2,982,000 Resident 42 units @ 71K per door $2,518,764 Retail - 21,950 ft. retail @ $45 per ft. = $987,750 - 15% vacancy = $839,588 AOI $2,518,763 Land Cost (3 years of income) $4,179,940 Replacement Cost (5 years income) $1,679,176 Developers Profit (2 years income) $5,500,764 Land Value/Sale Price (Lot 411)
Highlights
Summary
- Waterfront: Wetlands
- List Price: $5,500,000
- Lot: Level, Wooded, Wetlands
- Lot Size: 3.6878 Acres
- MLS Number: 1390445
- MLS Name: RIS
- Office Name: Balletto Realty
- Office Phone: (401) 432-7444
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Nearby schools
9
Raymond Laperche School
Public District KG-5
1.8 mi
•11 Limerock Rd
9
North Smithfield Elementary School
Public District PK-4
2.1 mi
•2214 Providence Pike
9
Lincoln Central Elementary School
Public District KG-5
3.0 mi
•1081 Great Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $104,808. The majority of Smithfield, RI residents have income between $100k-200k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Bob Evans
Cracker Barrel
What do the neighbors drive?
Infiniti
Lincoln
Lexus
What do the neighbors listen to?
Adult Hits
News/Talk/Information
Oldies
Frequently asked questions
Living in Smithfield, RI
Transportation in Smithfield includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, offering a means of travel for those without private vehicles. The town also supports ride-sharing services, enhancing mobility for residents. Certain areas of Smithfield are known for their walkability, particularly around local shops and parks, while other parts are more car-dependent.
The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare needs are met by local clinics and nearby hospitals, providing a range of medical services. Smithfield also features a public library, contributing to the town's educational resources. Retail and dining options are available, with local businesses reflecting the character of the community.
Smithfield is celebrated for its small-town charm and community-oriented atmosphere. The town prides itself on its local events and festivals that bring residents together, highlighting the area's rich history and tight-knit community. With a mix of rural areas and more developed neighborhoods, Smithfield offers a serene living environment that appeals to families and individuals alike.
Smithfield's housing market showcases a blend of residential options, with single-family homes being a significant presence. The architectural styles in the area range from colonial to contemporary, reflecting the town's historical roots and modern growth. While the majority of homes are owner-occupied, there is also a selection of rental properties available for those looking to reside in the area.
About 250 George Washington Hwy
The listing price of 250 George Washington Hwy property is $5,500,000.
The property 250 George Washington Hwy is land located in Smithfield, Rhode Island, 02917.
Active Listing: 250 George Washington Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 250 George Washington Hwy are: Raymond Laperche School (GreatSchools Rating 9/10), North Smithfield Elementary School (GreatSchools Rating 9/10), Lincoln Central Elementary School (GreatSchools Rating 9/10), Lincoln Middle School (GreatSchools Rating 6/10), North Smithfield Middle School (GreatSchools Rating 8/10), Vincent J. Gallagher Middle School (GreatSchools Rating 6/10), Lincoln Senior High School (GreatSchools Rating 7/10), Davies Career-Tech High School (GreatSchools Rating 6/10), North Smitfield High School (GreatSchools Rating 8/10).
The property 250 George Washington Hwy is 3.688 acres.
This home is located at 250 George Washington Hwy in Smithfield, RI and zip code 02917. Features: 0 bathroom. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $5,500,000.
In June 2025 more than 11 listings in Smithfield, RI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 8 were sold below. Between May and June 2025, Smithfield, RI real estate market has seen increase in the number of listings by 6.6%. In June 2025 median list price was $489,000 and the average listing age was 16 days.