
$1,490,000 USD
Commercial for Sale, 413 Manville Road, Woonsocket, Rhode Island 02895
- MLS#1412347
Listed By Engel & Volkers Oceanside
The Commercial Property for Sale located at 413 Manville Road, Woonsocket, Rhode Island 02895 is currently for sale. 413 Manville Road, Woonsocket, Rhode Island 02895 is listed for $1,490,000.
Property features
Property
- Type: Duplex/Triplex/Fourplex
- Location: Suburban
Lot/Land
- Land/Lot size:
25,455 m² (273,992 ft²) - Lot description: WoodedCorner Lot
Construction
- Style: Ranch
- Construction: Attached
Security
- Features: Street Lights
Utilities
- Other utilities: Storm SewerGasGas Avail. Off SiteSewer Available Off SitePublic SewerMunicipal WaterSanitary Sewer
Description
100+ unit development potential in northern Rhode Island. 413 Manville Road in Woonsocket, RI offers 6.29 acres zoned R4, with preliminary engineering completed by a reputable local firm indicating the potential for a 100+ unit residential development, subject to approvals and buyer due diligence.
For developers seeking an alternate lower-density concept, preliminary plans have also been prepared for an approximately 48 to 52-unit condominium community, offering flexibility in density, unit mix, design, and overall project direction. The site offers flexibility for multiple exit strategies, including a for-sale condominium development or a build-to-rent community designed for long-term rental income.
Woonsocket currently has limited to no active new-construction condominium inventory, creating a rare opportunity to introduce new product into an undersupplied market with demand from both Rhode Island and nearby Massachusetts buyers. Located minutes from Routes 146, 99, and I-295, the property offers strong commuter access and is positioned near continued residential growth and new-construction activity.
Development package, preliminary engineering, conceptual plans, market data, and projected pricing guidance are available upon request. Conceptual plans only; no approvals are currently in place. Buyer to perform all due diligence.
Location
413 Manville Road, Woonsocket, Rhode Island 02895