For Sale
$800,000

162 Main St Woonsocket, RI 02895

Prime Main Street location, 23,087 SF lot.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 23,087 square foot lot at 162 Main Street in Woonsocket, Rhode Island presents a remarkable development opportunity. Located directly across from City Hall, this prime commercial property boasts a highly visible and accessible location within the heart of the city. The property is classified as mixed-use, encompassing land suitable for hospitality, office, and retail development. A completed Phase 1 environmental assessment ensures a clean slate for prospective developers. Preliminary plans already exist for a multi-unit development, envisioning the construction of 40+ residential units. This significant advantage streamlines the planning process and reduces potential delays. Adding to its appeal, the property includes a substantial off-street parking lot capable of accommodating 40+ vehicles, a crucial asset for any multi-unit development. Built in 1930, the existing structure offers potential for adaptive reuse or complete redevelopment. The asking price for this exceptional property is $800,000. This presents a unique chance to capitalize on the growing demand for residential and commercial space in a thriving Rhode Island city. Don't miss this chance to acquire a piece of Woonsocket's vibrant future.

Highlights

  • $800,000 asking price.
  • 23,087 square foot lot.
  • Mixed-use development opportunity in Woonsocket, RI.
  • Located across from City Hall.
  • Preliminary plans for 40+ units.
  • Large off-street parking lot (40+ spaces).

Property Details for 162 Main St

Property type
Retail properties, Office properties
Year Built
1930
Buildings
1

Location Insight

City
Woonsocket
County
Providence
State
Rhode Island
Latitude
42.0028127
Longitude
-71.5140141

FAQs

What type of property is this?
Retail property - Prime Main Street location, 23,087 SF lot.
Where is the retail property located?
The property is located at 162 Main St Woonsocket, RI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: $800,000 asking price.; 23,087 square foot lot.; Mixed-use development opportunity in Woonsocket, RI.
How can I contact the broker?
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162 Main St
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