SOUTH KINGSTOWN – A vintage car dealership in the village of Wakefield has been sold and will be redeveloped into a new retail center.
Fred W. Smith Inc., established in 1916, sold a nearly 5-acre site at 84 Old Tower Hill Road for $2.1 million on Feb. 8, according to Sweeney Real Estate & Appraisal, which brokered the sale.
The property is home to Smith’s car sales business – which was...