0 Clinton St, Woonsocket, RI 02895
This exceptional 1.19-acre commercial land parcel in Woonsocket, Rhode Island, presents a unique investment opportunity. Located on Clinton Street in Providence County, zip code 02895, the property boasts a prime location along the Blackstone River and is zoned C-2, designating it for major commercial development. Currently utilized as a community garden, this versatile site offers significant potential for redevelopment. The C-2 zoning allows for a wide range of commercial uses, making it suitable for various projects. Note that a flood control easement and associated dike traverse the property. The property's riverfront location provides a picturesque setting and could be leveraged for projects that complement the natural environment. Annual property taxes are a modest $350.19. The site's size and zoning make it ideal for a variety of commercial ventures, offering a compelling opportunity for investors seeking a strategically located property in a growing area. While the square footage is listed as 1, this refers to the existing structure, and the primary value lies in the significant land area. This is a rare chance to acquire a substantial riverfront parcel in a desirable location with significant development potential. Further due diligence is recommended to explore all possible uses and development options.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.