$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 · public school directory data (NCES)
- 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 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.