East Providence, RI: Development Opportunity - 25,000 sq ft Lot with Existing Restaurant & Residential/Rooftop Restaurant Potential

View Original Listing

Financial Details

Asking Price:
$500,000
Profit Metric:
Cash Flow (SDE)
Location:
East Providence, RI, US
Source:
Date:
September 30, 2025

Key Highlights

Prime 25,000 sq. ft. lot in East Providence, RI, ideal for a 40-50 unit residential complex.
Includes a highly successful, 30-year-old restaurant with a newly renovated dining area.
Unique potential for a signature development project with rooftop restaurant and water views.

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

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified