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Shovel-Ready Mixed-Use Land Site
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153 Hamlet Avenue, Woonsocket, RI 02895

Flat, approved development land with capacity for a 60,000+ square foot building and flexible MU-2 zoning.

Property SizeContact for details
Lot Size4.63 Acres
Days on Market48

Property Features for 153 Hamlet Avenue

General Information

Standard status Active
Lot size 4.63 Acres
Property subtype Land
Zoning MU-2

Additional Details

Highway Access Yes
Listing Agency: MG Commercial
Listed By: Julie Freshman, SIOR · License #RI #0019769
Source: Mgcommercial
Added: Jun 25 Changed: Jul 10 Last Checked: Aug 11 at 5:14AM

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 MG Commercial

Investment Insights

Based on property information with market context.

This 4.63-acre parcel at 153 Hamlet Avenue is approved and shovel-ready, with the site described as flat, compacted, and ready for development planning. The property has capacity to accommodate a building footprint of 60,000+ square feet, with the option to support a variety of commercial and light industrial uses.

The site is positioned as a gateway location to downtown Woonsocket, with access described as close to Rt 146 and I-295. The offering references proximity to Highland Corporate Park and notes that Rhode Island DEM approvals are close, supporting continuity through permitting. Zoning is identified as Mixed Use Industrial/Commercial District (MU-2), and the property includes mixed master and preliminary plan approvals.

For tenants, developers, and buyers considering new construction, the MU-2 designation is presented as allowing flexibility on uses and dimensional variances, along with a referenced height limitation of 60 feet (up to 5 stories) and potential for additional height allowances. The site is described as suitable for multiple development directions, including a retail center, marketplace, medical office campus, auto dealership, light industrial, or warehouse, with the footprint described as customizable and expandable.

Key Highlights

  • 4.63‑acre flat, approved, shovel‑ready site in Woonsocket, RI
  • Capacity to fit a 60,000+ SF building on the site
  • Mixed Use Industrial/Commercial District zoning (MU‑2) with potential flexibility on uses and dimensional variances

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Nail Salon Accounting Firm

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,139
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

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Flat, approved development land with capacity for a 60,000+ square foot building and flexible MU-2 zoning.
Where is this commercial land located?
The property is located at 153 Hamlet Avenue Woonsocket, RI.
What are key features of this property?
This property features: 4.63‑acre flat, approved, shovel‑ready site in Woonsocket, RI; Capacity to fit a 60,000+ SF building on the site; Mixed Use Industrial/Commercial District zoning (MU‑2) with potential flexibility on uses and dimensional variances
More about this property
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