East Providence, RI: Development Opportunity - 25,000 sq ft Lot with Existing Restaurant & Residential/Rooftop Restaurant Potential
Financial Details
- Asking Price:
- $500,000
- Profit Metric:
- Cash Flow (SDE)
- Location:
- East Providence, RI, US
- Source:
- Date:
- September 30, 2025
Key Highlights
Description
This is an exceptional opportunity for developers and equity partners seeking a prime development site in East Providence, Rhode Island. The offering includes a substantial 25,000 sq. ft. lot, currently home to a thriving, 30-year-old restaurant with a recently updated interior. The location is strategically positioned for significant growth, presenting the potential to develop a 40-50 unit residential complex, complemented by a rooftop restaurant offering desirable water views. This versatile property is ideal for creating modern housing, a mixed-use community, or a landmark destination. The asking price is $500,000, making it an attractive proposition for investors looking to capitalize on a high-demand area with substantial upside potential.
Industry Information
- Industry Description:
- Building & Construction
- Classification:
- Building & Construction
Real Estate & Lease
- Status:
- Included
Broker Contact
- Name:
- Kyle Seyboth
- Company:
- Century 21 The Seyboth Team
- Phone:
- 978-648-3280
Listing Details
- Listing ID:
- bc6eb862-6e26-4096-beec-f3c10db835bd
- Source Listing ID:
- Ad#:2419226
- Deal Status:
- For Sale
- Last Updated:
- September 30, 2025
- Currency:
- USD