28 Park Avenue South Kingstown, Rhode Island
Listed By Compass / Lila Delman Compass
The Commercial Property for Sale located at South Kingstown, Rhode Island is currently for sale. South Kingstown, Rhode Island is listed for $2,200,000. This property has Water View, Golf Course, Marina, Total Parking features. If the property located at South Kingstown, Rhode Island isn't what you're looking for, visit https://www.rilivingglobal.com to see other Commercial Properties for Sale in South Kingstown .
Date Updated : Mar 7, 2025
MLS#: 1377186
$2,200,000 USD
Property features
Key features
- Water View
- Golf Course
- Marina
- Total Parking
Construction details
- Year built: 1903
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.
Location
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