$1,749,900 USD
Commercial for Sale, 28 Park Avenue, South Kingstown, Rhode Island 02879
- MLS#1415464
Listed By William Pitt Sotheby's Int'l
The Commercial Property for Sale located at 28 Park Avenue, South Kingstown, Rhode Island 02879 is currently for sale. 28 Park Avenue, South Kingstown, Rhode Island 02879 is listed for $1,749,900.
Property features
Property
- Type: Unfurnished
- Features: Basement
- Location: Suburban
Lot/Land
- Land/Lot size:
3,116 m² (33,541 ft²)
Construction
- Year built: 1903
- Style: Victorian
- Construction: Frame
- Basement and foundation: Full Basement
View
- Features: Water View
Heating and Cooling
- Heating system: BaseboardZoned
Utilities
- Other utilities: Septic Tank
Community
- Features: RestaurantGolf CourseMarina
Description
INVESTORS TAKE NOTE. The opportunity is a 10,168 sqft, 15+/- unit, Victorian home on a double, sub-dividable lot. 28 Park Ave is located in the desirable Matunuck neighborhood and just a short walk from amazing local beaches, surf, and restaurants.
The additional building lot creates a rare opportunity for expansion or new construction. With strong rental demand driven by proximity to local beaches, downtown Wakefield, the University of Rhode Island, shopping, dining, and major commuter routes, this asset is well-positioned for long-term growth. This property is in need of some renovation to a number of the units to maximize your return while a number of them are ready for rent. Buyers to do their own diligence of potential uses.
Put your mark on this iconic Rhode Island town and property before someone else does!
Location
28 Park Avenue, South Kingstown, Rhode Island 02879