819 Providence St Providence StWest Warwick, RI 02893

This exceptional 51,531 square foot lot in West Warwick, Rhode Island, presents a unique investment opportunity. Located at 819 Providence Street, zip code 02893, this property features a historic schoolhouse building constructed in 1920. The building, currently gutted to the studs, offers significant potential for redevelopment. With an approximate 11,168 square feet of space across the first and second floors, preliminary estimates suggest the possibility of creating up to 32 residential units. This presents a compelling opportunity for condo or apartment conversion, potentially leveraging historic tax credits. The property's substantial lot size and prime location in Kent County offer significant upside for the right investor. Prospective buyers are advised to conduct their own due diligence regarding the feasibility of the project and potential tax incentives. The asking price for this remarkable property is $1,200,000. This is a rare chance to acquire a piece of Rhode Island history and transform it into a thriving residential development. The property consists of one building and is zoned for residential use.