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Adaptive Reuse Office Building
For Sale
$299,900

1081 Main Street, Hopkinton, RI 02832

Nearly 8,000 square feet with dramatic 19+ foot ceilings and flexible second-level layout for many redevelopment concepts.

Property Size7,992 SF
Price / SF$37.53
Days on Market116

Property Features for 1081 Main Street

General Information

Standard status Active
Size 7,992 SF
Property subtype General Commercial

Additional Details

Clear Height 19 ft

Building Details

Year Built 1833
Listing Agency: Weichert REALTORS-Atlantic Prp
Listed By: Michael Navoian
Source: Xome
Added: Apr 9 Changed: Jul 10 Last Checked: Jun 14 at 1:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert REALTORS-Atlantic Prp

Investment Insights

Based on property information with market context.

This landmark former Washington Trust Bank building offers approximately 7,992 square feet with dramatic 19+ foot ceilings on the expansive second level. The space features a flexible open floor plan designed to support a wide range of redevelopment approaches and operating concepts.

Located at 1081 Main Street in Hopkinton, Rhode Island, the property’s notable character is paired with substantial scale across the second level, offering an adaptable interior volume for conversion or repositioning. The sale is subject to court approval.

From a tenant or operator standpoint, the second-level configuration and high ceilings can accommodate a variety of uses listed by the seller, including creative office or coworking, retail showroom, boutique storage facility, specialty market, food hall, or recreational and fitness applications. For buyers and developers, the building’s flexible floor plan supports mixed-use development, condominium or loft-style conversions, and other redevelopment concepts that benefit from large, open indoor volume. If you’re evaluating a conversion project where ceiling height and an open layout are meaningful to your program, this property provides a strong starting point based on the features presented.

Key Highlights

  • Nearly 8,000 SF former Washington Trust Bank landmark building built in 1833
  • 19+ foot ceilings on the second level with a highly flexible open‑floor‑plan layout
  • Corner lot with 7 parking spaces and asphalt access on a state road

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Auto Repair Shop Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19 ft
Clear height

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 02832, RI

4,887
Population
2,170
Households
2.3
Avg Household Size
47
Median Age
36%
College-Educated
91%
High-School Grad
24.8 sq mi
ZIP Area
197
Density / Sq Mi
$101,225
Median Household Income
$46,394
Median Earnings
$1,114
Median Rent
$391,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Nearly 8,000 square feet with dramatic 19+ foot ceilings and flexible second-level layout for many redevelopment concepts.
Where is this office building located?
The property is located at 1081 Main Street Hopkinton, RI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Nearly 8,000 SF former Washington Trust Bank landmark building built in 1833; 19+ foot ceilings on the second level with a highly flexible open‑floor‑plan layout; Corner lot with 7 parking spaces and asphalt access on a state road
More about this property
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