162 Main St Woonsocket, RI 02895-4468

This exceptional 0.53-acre commercial property at 162 Main Street, Woonsocket, RI, presents a remarkable development opportunity. Situated directly across from City Hall, this high-visibility location offers unparalleled access and exposure. A completed Phase 1 environmental assessment ensures a smooth development process. Preliminary plans are in place for the construction of a multi-unit building, potentially exceeding 40 units. The substantial size of the lot allows for ample off-street parking, with existing plans accommodating 40+ parking spaces. The property's strategic location in the heart of Woonsocket, coupled with its significant development potential and convenient parking, makes it an ideal investment for developers seeking a high-impact project. The asking price is $799,900. This is a rare chance to acquire a prime commercial parcel in a thriving Rhode Island city, ready for immediate development. The existing preliminary plans provide a solid foundation for a swift and efficient project launch. The substantial parking provision addresses a key concern for multi-unit developments, enhancing the property's overall appeal and marketability. Don't miss this opportunity to capitalize on this exceptional location and its significant development potential. Serious inquiries only.