$500,000
About this home
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.
Property details
- MLS #
- 1397999
- Property type
- Commercial,Business
- Subdivision
- N/A
- Status
- Active
- Days on market
- 306
- On market date
- October 16, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- 50
- Lot size
- 24,829 sqft
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 521
- Student:teacher ratio
- 14.1:1
- District
- East Providence
- Enrollment
- 530
- Student:teacher ratio
- 10.8:1
- District
- East Providence
- Enrollment
- 1,119
- Student:teacher ratio
- 13.6:1
- District
- Barrington
Walkability
Blended score for East Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in East Providence, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 18, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.