Incredible opportunity for developers and equity partners in the heart of Riverside, RI. This expansive 25,000 sq. ft. lot is ideally positioned in a prime location and offers the potential for a 40-50 unit residential complex with the unique addition of a rooftop restaurant showcasing water views. Lot currently features an incredibly successful restaurant that has been operating for the last 30 years, with a newly renovated dining and lounge area offering stylish, modern finishes. Rarely does a site of this size and flexibility come available, presenting unmatched potential for a signature development project in one of the city's most desirable areas. Whether you're seeking to create modern housing, a mixed-use community, or an iconic destination, this property offers endless possibilities. We are actively seeking a developer or equity partner to join in realizing the full vision of this project.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale | $500,000 | $∞ | Century 21 Limitless |
| Year | Annual Amount | Description |
|---|---|---|
| 2024 | $9,295 |
High School Watters Annex | 0.2 miles away | 09 - 12 | |
Elementary School Kent Heights School | 2.3 miles away | KG - 05 | |
Middle School Edward R. Martin Middle School | 2.6 miles away | 06 - 08 |