$2,200,000
bedrooms
0
bathrooms
0
square feet
10,168
Acreage
0.77
Open Houses
-
year built
1903
Full Baths
0
Half Baths
0
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 | |
Subdivision | Matunuck |
County | Washington |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 1377186
Listing agent:
The Local Group
Listing broker:
Lila Delman Compass
(401) 789-6666
Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Saturday, March 22 2025 at 2:59 a.m. EDT
Kotohomes National
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