$2,200,000

28 Park Avenue , South Kingstown, RI 02879

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:10,168 sqft
Lot:0.77
Year Built:1903
Listing Status:Active

Listing Agent

The Local Group
http://www.LilaDelman.com
Loan Amount:
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Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Step into a piece of history with 28 Park Avenue, an iconic building nestled in the heart of Matunuck, RI. Built in 1903, this legendary property boasts multiple units that offer incredible potential for development and improvement. With its rich architectural heritage and prime location, this building presents an exceptional opportunity for investors looking to improve and capitalize on the area's growing demand for modern rental units. Currently offering a mix of studio, 1 and 2 bedrooms, the property holds untapped potential to significantly increase rents through strategic upgrades, renovations, and reimagination. Additionally, expired plans once proposed an additional structure for apartments on the property, highlighting the site’s potential for expansion. Whether you're looking to restore the charm of its historic roots or modernize it to meet today’s market demands, 28 Park Ave offers flexibility to transform it into a high-demand, high-return asset. The location is prime for development—just moments away from Matunuck Beach, renowned dining spots, and a vibrant seaside community. With the right vision and improvements, 28 Park Ave could become one of the most sought-after properties in the area. Don’t miss your chance to own a piece of Matunuck’s storied past with endless possibilities for the future.

Detailed Items

Other Information

28 Park Avenue, South Kingstown, RI, 02879 is a commercial sale listing of 10,168 sqft on a lot of 0.77. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property28 Park Avenue, South Kingstown, RI
Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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