295 Main St Woonsocket, RI 02895
- Commercial real estate
- 17,264 SF
- 0.64 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 295 Main St
- Lot size
- 0.64 lot acres
- Property size
- 17,264 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property at 295 Main Street, Woonsocket, Rhode Island, offers a unique investment opportunity. The 17,264 square foot masonry building sits on a 0.64-acre lot and boasts a rich history, having served as the Woonsocket YMCA and, prior to that, the city's main post office until 1975. The property includes a notable 3,200 square foot pool, a finished 1,064 square foot second floor, and various spaces previously used for gym, aerobic, and fitness activities. The site comprises three parcels with convenient on-site parking accessed from Federal Street. A connecting walkway links this Main Street building to a separate building at 43 Federal Street, also available for purchase. Both properties can be acquired individually or as a package. The property is zoned C-1 (Urban Commercial District) with a Downtown Overlay District designation, allowing for a range of permitted uses. This presents an ideal opportunity for a similar health club use or creative adaptive reuse, capitalizing on the building's historical character and its advantageous location near amenities and transportation. Annual property taxes are $24,941.31. The asking price for this significant property is $875,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.5124342
- Latitude
- 42.0046929
