# 230 George Washington Highway, Smithfield, RI 02917

> **TL;DR:** 2bd/2ba single family, $2,750,000 ($2157/sqft), built 1938, 1,275 sqft.
> A/C. Est. $11,917/mo. Listed 263 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,750,000 |
| Price/sqft | $2157 |
| Bedrooms | 2 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,275 |
| Year Built | 1938 |
| Lot Size | 110,207 sqft (2.53 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 263 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $11,917 |
| **Total** | **$11,917** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1938
- 2.53 acre lot
- 2 stories
- 4 parking spaces

## Description

### Agent Description
Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft.2 retail." Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 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.2 retail @ $45 per ft.2 = $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)

## Location

- **Address:** 230 George Washington Highway, Smithfield, RI 02917
- **County:** Providence
- **Coordinates:** 41.917181, -71.522897
- **Google Maps:** https://www.google.com/maps?q=41.917181,-71.522897

## Listing Agent

- **Name:** Gary Balletto
- **Brokerage:** Balletto Realty
- **Phone:** (401) 432-7444
- **Email:** garyballetto@gmail.com

## Primary Photo

![230 George Washington Highway - Primary Photo](http://lh.rdcpix.com/cf3d09ca200ade82ce5de49fc6b3ad5dl-f104744657r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/230-george-washington-highway-smithfield-ri-02917-1390560)*

---

**MLS#:** 1390560 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/230-george-washington-highway-smithfield-ri-02917-1390560)

---

## Structured Data

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  "description": "Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft.2 retail.\" Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a sing",
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```