162 Main St Main St Woonsocket, RI 02895
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Prime Main Street Hotel, 40+ Unit Potential
Property Features for 162 Main St Main St
General Information
- Property type
- Hotels
Building Details
- Year Built
- 1930
- Buildings
- 1
Listing Agency: Century 21 The Seyboth Team Listing Agent: Kyle Seyboth
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property at 162 Main Street in Woonsocket, Rhode Island, presents a compelling redevelopment opportunity. Located directly across from City Hall, this 23,087 square foot lot boasts a 1930s-era building with significant potential. Currently configured as a hotel, the property offers countless possibilities for adaptive reuse. A completed Phase 1 environmental assessment ensures a clean slate for future development. Preliminary plans are in place for the construction of 40+ residential units, capitalizing on the high demand for housing in the area. The property also includes a substantial off-street parking lot with capacity for 40+ vehicles, a significant advantage in a densely populated urban setting. The asking price for this unique investment is $800,000. This prime location, coupled with the existing infrastructure and preliminary plans, makes this a truly exceptional opportunity for developers seeking a high-impact project in a thriving Rhode Island community. The property consists of one building and is zoned for mixed-use development, including hospitality, office, and retail uses. This presents a rare chance to reshape a key piece of Woonsocket's Main Street landscape.
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
Map
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.5140141
- Latitude
- 42.0028127
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FAQs
What type of property is this?
Hotel - Prime Main Street Hotel, 40+ Unit Potential
Where is this hotel located?
The property is located at 162 Main St Main St Woonsocket, RI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Exceptional redevelopment opportunity: 23,087 sq ft lot with a 1930s building in Woonsocket, RI, across from City Hall.; Currently configured as a hotel, offering adaptive reuse potential.; Completed Phase 1 environmental assessment.
