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    Hopkinton, RI
    Cannabis Properties

    Hopkinton, RI Cannabis Properties for Sale

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    Cannabis Cultivation Property
    Updated: Aug 25
    Cannabis Cultivation Property

    49 Mechanic Street, Hopkinton, RI 02832

    $995,000
    19,420 sqft 9.78 AC lot
    9.78‑acre property with a 19,420‑square‑foot commercial building
    M zoning with a documented history as a cultivation facility
    Two loading docks and 2 ground‑level doors
    Ceiling height of 20 Plus Feet
    Upgraded electrical service with central air and ductless cooling
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    This listing looks promising.

    Here's a quick look at some key insights for

    49 Mechanic Street, Hopkinton, RI 02832

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $91K
      Annual

    • Price @ 7% Cap

      $1.3M
      Above asking

    • Last Sold

      Dec 2018
      $435K

    • Property Type

      Industrial (General)
      Built 1920
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hopkinton, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Income-Producing Commercial Property For Sale
    Income-Producing Commercial Property For Sale

    56-B Jackson St, Holyoke, MA 01040

    $499,000
    10,768 sqft

    Commercial property with retail and industrial space, income potential.

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    Manufacturing Building with 20' Clear Heights
    Manufacturing Building with 20' Clear Heights

    22 Frontage Rd, Westerly, RI 02891

    Contact for pricing
    14,759 sqft 4.89 AC lot

    Steel-framed facility with specialized electrical capacity, industrial utilities, and a cannabis cultivation special permit subject to licensing requirements.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    16 Allen Hill Road, Brooklyn, CT 06234

    $3,000,000
    1,940 sqft 4.60 AC lot

    4.6 acres in up-and-coming business hub on Rt 6.

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    Four-Story Industrial Mill Building
    Four-Story Industrial Mill Building

    1 Cabot Street, Holyoke, MA 01040

    Contact for pricing
    19,000 sqft

    Updated four-story mill building with approved parking, fire safety features, sallyport, elevators, and multiple loading options.

    View details

    Hopkinton, RI Cannabis Properties Market Trends and Statistics

    Explore 1 cannabis properties for sale in Hopkinton, RI on our real estate platform. These investment opportunities span a total of 426,017 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for weed farms in Hopkinton, RI average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Cannabis Properties 1

    Demographics Overview

    Population 662
    Population Growth (5Y) -42.1%
    College Educated 19.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.47%
    Property Tax per SF $81.53 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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