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Redevelopment Mill Property
For Sale
$1,850,000

59 Foundry Street, Central Falls, RI 02863

Two connected mill buildings totaling about 66,000 square feet, with parking and Phase I/II environmental reports.

Property Size66,000 SF
Price / SF$28.03
Days on Market119

Property Features for 59 Foundry Street

General Information

Standard status Active
Size 66,000 SF
Total Parking Spaces 50
Property subtype General Commercial

Additional Details

Highway Access Yes

Amenities

3

Building Details

Year Built 1880
Listing Agency: REMAX Revolution
Listed By: Robert Fox · License #RES.0045429
Source: Xome
Added: May 9 Changed: Sep 1 Last Checked: Sep 4 at 2:57AM

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 REMAX Revolution

Investment Insights

Based on property information with market context.

This redevelopment opportunity features two connected mill buildings totaling approximately 66,000 square feet. The offering includes on-site parking and includes a clean Phase I and Phase II environmental report. An additional lot across the street at 56 Foundry Street is also part of the package.

The seller will vacate the property at closing, providing immediate flexibility for an owner-user, investor, or redevelopment project. The buildings are offered as-is and are described as being in excellent overall condition.

Conveniently located just minutes from Interstate 95, the property offers regional accessibility to Providence, Boston, and the greater Southern New England market.

Key Highlights

  • Two connected mill buildings totaling about 66,000 SF at 59 Foundry Street in Central Falls, RI
  • Includes approximately 50 parking spaces
  • Clean Phase I and Phase II environmental reports included

Property Analytics

Current Use

General Polymer Inc Factory

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Garden Center HVAC Service Electrical Service Carpet & Flooring 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 02863, RI

22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Two connected mill buildings totaling about 66,000 square feet, with parking and Phase I/II environmental reports.
Where is this manufacturing property located?
The property is located at 59 Foundry Street Central Falls, RI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Two connected mill buildings totaling about 66,000 SF at 59 Foundry Street in Central Falls, RI; Includes approximately 50 parking spaces; Clean Phase I and Phase II environmental reports included
More about this property
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