28 Park Avenue South Kingstown, RI $ 1,749,900
28 Park Avenue
$ 1,749,900
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28 Park Avenue

South Kingstown, RI, 02879
$ 1,749,900
Bedrooms-- Baths--

Monthly Estimate*

$ 10,774

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Commercial Property for sale in South Kingstown, RI

for $1,749,900. This building was built in 1903 on a lot size of 0.77.

INVESTORS TAKE NOTE. The opportunity is a 10,168 sqft, 15+/- unit, Victorian home on a double, sub-dividable lot. 28 Park Ave is located in the desirable Matunuck neighborhood and just a short walk from amazing local beaches, surf, and restaurants. The additional building lot creates a rare opportunity for expansion or new construction. With strong rental demand driven by proximity to local beaches, downtown Wakefield, the University of Rhode Island, shopping, dining, and major commuter routes, this asset is well-positioned for long-term growth. This property is in need of some renovation to a number of the units to maximize your return while a number of them are ready for rent. Buyers to do their own diligence of potential uses. Put your mark on this iconic Rhode Island town and property before someone else does!

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Commercial Active

Price

$ 1,749,900

Property Type

Commercial

Taxes

$ 8,669

Style

Lot Size

0.77

Year Built

1903

Town/City

South Kingstown

County/Region

Washington

MLS | Web ID

1415464

Features
General
Sewer Septic Tank
Heating Baseboard Zoned
Cooling None
Utilities Electricity Available Natural Gas Not Available
Possession Immediately
Construction Materials Frame
Year Built 1903
Electric 200+ Amp Service
View Water
Stories Count 4
Property Subtype Commercial
Tax Year 2025
Community Features Golf Marina Pool Restaurant
County Washington
Insurance Expense 12000
New Construction false
Property Type Commercial Sale
Possible Use Multi-Family Residential
Status Active
City South Kingstown
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 33541
Number of Units Leased 4
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 8669
Electric Expense 7000
Fuel Expense 7000
Water Sewer Expense 2500
Virtual Tour https://tour.RiLiving.com/28-Park-Avenue-South-Kingstown-RI-02879
Structure Type Multi Family
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 969700
Tax Lot 184
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 4
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 16
Lot Size Area 33541
Foundation Details Combination Concrete Perimeter
Number of Buildings 1
Building Area Total 0
Lot Size Acres 0.77
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
William Pitt Sotheby's Int'l

Broker

jvalentine@williampitt.com

Email

Affordability Calculator

$11,497
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,774
Monthly Property Taxes
$722
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$1,749,900 Listed Price

Map


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28 Park Avenue, South Kingstown, RI, 02879 is a Commercial Property for sale at $1,749,900 with a lot size of 0.77. 28 Park Avenue was built in 1903. The property's zip code is 02879 which is in South Kingstown, RI