413 Manville Road, Woonsocket, RI 02895

$1,490,000

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List Price
$1,490,000
MLS#
1412346
Status
ACTIVE
Type
Land
City
Woonsocket
County
Providence
Lot Size
273,992

Property Description

100+ unit development potential in northern Rhode Island. 413 Manville Road in Woonsocket, RI offers 6.29 acres zoned R4, with preliminary engineering completed by a reputable local firm indicating the potential for a 100+ unit residential development, subject to approvals and buyer due diligence. For developers seeking an alternate lower-density concept, preliminary plans have also been prepared for an approximately 48 to 52-unit condominium community, offering flexibility in density, unit mix, design, and overall project direction. The site offers flexibility for multiple exit strategies, including a for-sale condominium development or a build-to-rent community designed for long-term rental income. Woonsocket currently has limited to no active new-construction condominium inventory, creating a rare opportunity to introduce new product into an undersupplied market with demand from both Rhode Island and nearby Massachusetts buyers. Located minutes from Routes 146, 99, and I-295, the property offers strong commuter access and is positioned near continued residential growth and new-construction activity. Development package, preliminary engineering, conceptual plans, market data, and projected pricing guidance are available upon request. Conceptual plans only; no approvals are currently in place. Buyer to perform all due diligence.

Additional Information

Utilities
Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Municipal Utilities, Phone Available, Underground Utilities, Water Connected
Topography
Level, Rolling

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: The DiSpirito Team from Listing Office: Engel & Volkers Oceanside.

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