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Vacant Building in MU1 Zone
For Sale
$199,000
Pending

115 Railroad, Woonsocket, RI 02895

Vacant 3,800 sq ft building on 10,173 sq ft lot.

Property Size3,800 SF
Lot Size0.23 Acres
Days on Market316

Property Features for 115 Railroad

General Information

Standard status Pending
Size 3,800 SF
Lot size 0.23 Acres
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: AMERICAN HOMES & COMMERCIAL RE
Listed By: NORM JOLICOEUR
Source: Corcoran
Added: Sep 30, 2025 Changed: Jul 10 Last Checked: Jul 23 at 9:53AM

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 AMERICAN HOMES & COMMERCIAL RE

Investment Insights

Based on property information with market context.

This vacant building, with a size of 3,800 sq ft, presents a rare opportunity. It is situated on a 10,173 sq ft lot and is located in a prime MU1 Zone, allowing for multi-family, commercial, or mixed-use development. The building has been fully gutted to the studs, offering a blank canvas for customization. The structural shell is in place, awaiting a custom build-out. The property includes off-street parking. This property is positioned for growth, visibility, and accessibility, making it suitable for developers, investors, or entrepreneurs looking to create multi-family housing, a boutique business, or live-work lofts.

Key Highlights

  • Prime MU1 Zoning: Allows for multi‑family, commercial, or mixed‑use development.
  • Large 10,173 sq ft Lot: Provides ample space for development and potential expansion.
  • Vacant 3,800 sq ft Building: Fully gutted to the studs, ready for custom build‑out and design.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Nail Salon Electrical Service Garden Center Spa & Massage Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby

Demographics for 02895, RI

43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant 3,800 sq ft building on 10,173 sq ft lot.
Where is this mixed-use property located?
The property is located at 115 Railroad Woonsocket, RI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Prime MU1 Zoning: Allows for multi‑family, commercial, or mixed‑use development.; Large 10,173 sq ft Lot: Provides ample space for development and potential expansion.; Vacant 3,800 sq ft Building: Fully gutted to the studs, ready for custom build‑out and design.
More about this property
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