Discover this exceptional 2,500 square foot mixed-use property in Smithfield, Rhode Island. The first floor is dedicated to a fully built-out hair salon, though can be any retail style, and the second floor features a spacious apartment. Ample parking is available for all occupants. Additionally, the property includes a separate carriage house, converted into a modern garage with a 3-bedroom, 3-bathroom residence. Both the main building and the carriage house are equipped with updated amenities, offering contemporary comfort and functionality. Great opportunity to move operations here and have 2 additional incomes with it! Potential for FHA!
The median home value in Smithfield, RI is $520,000. This is higher than the county median home value of $248,200. The national median home value is $219,700. The average price of homes sold in Smithfield, RI is $520,000. Approximately 75.98% of Smithfield homes are owned, compared to 18.96% rented, while 5.06% are vacant. Smithfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Smithfield real estate agent to arrange a tour today!
Smithfield, Rhode Island has a population of 21,611. Smithfield is more family-centric than the surrounding county with 32.55% of the households containing married families with children. The county average for households married with children is 27.44%.
The median household income in Smithfield, Rhode Island is $81,010. The median household income for the surrounding county is $52,530 compared to the national median of $57,652. The median age of people living in Smithfield is 43.9 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 50 inches per year, with 36.2 inches of snow per year.