Commercial Lot in BG VO
For Sale
$699,000
Pending
16 Hope Furnace, Scituate, RI 02831
Commercial lot suitable for day care or tradesman condominium.
Lot Size1.01 Acres
Days on Market304
Property Features for 16 Hope Furnace
General Information
Standard status
Pending
Lot size
1.01 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
FLAGSHIP REAL ESTATE ADVISORS
(401) 789-2255
Listed By:
JOHN KREKORIAN · License #S24980
Source:
Corcoran
Added: Sep 30, 2025
Changed: Jul 10
Last Checked: Jul 23 at 8:25AM
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 FLAGSHIP REAL ESTATE ADVISORS
Investment Insights
Based on property information with market context.
This commercial lot is located on the Scituate/Coventry line, providing direct access to Western Cranston and situated 5 miles from Alpine Estates. It is located in a BG VO zone. The property presents an opportunity to construct a modern children's day care facility, with a previously approved plan for 32 parking spaces. Note that the approvals have expired, but can be renewed by the buyer. Alternative business ventures include a 4-unit commercial tradesman condominium with over 4800 square feet of office mezzanine space, or townhomes. The property is sold with MLS #1365354, 16 Chase Road Plat 101 Lot 1 and consists of two separate lots.
Key Highlights
- Rare commercial lot in BG VO zone with development potential.
- Previously approved for a Children's Day Care Facility with 32 parking spaces (approvals can be renewed).
- Potential for a 4‑unit Commercial Tradesman Condominium with over 4800 sf of office mezzanine space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 02831, RI
3,860
Population
1,360
Households
2.8
Avg Household Size
44
Median Age
32%
College-Educated
98%
High-School Grad
10.8 sq mi
ZIP Area
357
Density / Sq Mi
$135,106
Median Household Income
$66,411
Median Earnings
$1,723
Median Rent
$468,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial lot suitable for day care or tradesman condominium.
Where is this commercial land located?
The property is located at 16 Hope Furnace Scituate, RI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Rare commercial lot in BG VO zone with development potential.; Previously approved for a Children's Day Care Facility with 32 parking spaces (approvals can be renewed).; Potential for a 4‑unit Commercial Tradesman Condominium with over 4800 sf of office mezzanine space.
