85 Fairmount Street Woonsocket, Rhode Island
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Listed By Re/Max Results
The Industrial Property for Sale located at Woonsocket, Rhode Island is currently for sale. Woonsocket, Rhode Island is listed for $2,500,000. This property has Total Parking features. If the property located at Woonsocket, Rhode Island isn't what you're looking for, visit https://www.rilivingglobal.com to see other Industrial Properties for Sale in Woonsocket .
Date Updated : Feb 14, 2025
MLS#: 1378104
$2,500,000 USD
Property features
Key features
- Total Parking
Construction details
- Year built: 1889
Description
Attention investors and developers! 85 Fairmount Street presents a rare opportunity to acquire a versatile 3-acre property in Woonsocket, RI. This mixed-use lot bordering Blackstone River includes an abandoned 7,500+ sq ft building (excluding basement) with significant redevelopment potential—ideal for office space, apartments, or commercial use. A key income-producing feature of this property is its long-term lease with a bus company, generating approximately $9,100 per month ($110,000 annually)—offering immediate cash flow while planning future development. Located in a strategic area with easy access to major roadways, this property offers high visibility and flexible usage options. Whether you're looking for a redevelopment project or a stable income-generating asset, this property has immense potential.