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85 Fairmount Street

Woonsocket, RI 02895
  • $2,500,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 1378104
UPDATED: 66 min ago
$2,500,000
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1889
County:
Area:

School Ratings & Info

Description

Attention investors and developers! 85 Fairmount Street presents a rare opportunity to acquire a versatile 3-acre property in Woonsocket, RI. This mixed-use lot bordering Blackstone River includes an abandoned 7,500+ sq ft building (excluding basement) with significant redevelopment potential ideal for office space, apartments, or commercial use. A key income-producing feature of this property is its long-term lease with a bus company offering immediate cash flow while planning future development. Located in a strategic area with easy access to major roadways, this property offers high visibility and flexible usage options. Whether you're looking for a redevelopment project or a stable income-generating asset, this property has immense potential.

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-18T18:37:33.253.
www.krekorianteam.com/homes/160499843
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85 Fairmount Street Woonsocket, RI 02895

  • Price: $2,500,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 66 min ago
  • MLS #: 1378104
0
Beds
0
Baths
0
½ Baths
3
Acres
1889
Built
County:
Providence
Area:
Woonsocket
Property Description
Attention investors and developers! 85 Fairmount Street presents a rare opportunity to acquire a versatile 3-acre property in Woonsocket, RI. This mixed-use lot bordering Blackstone River includes an abandoned 7,500+ sq ft building (excluding basement) with significant redevelopment potential ideal for office space, apartments, or commercial use. A key income-producing feature of this property is its long-term lease with a bus company offering immediate cash flow while planning future development. Located in a strategic area with easy access to major roadways, this property offers high visibility and flexible usage options. Whether you're looking for a redevelopment project or a stable income-generating asset, this property has immense potential.
Exterior Features

Construction Materials Brick Foundation Details Block Levels Two Parking Total 100

Interior Features

Basement Full Basement YN Yes Cooling None Cooling YN No

Property Features

Business Type Industrial Electric None Gross Income 110000 Human Modified YN Yes Land Lease YN No New Construction YN No Possible Use Commercial Industrial Office Property Sub Type Commercial Road Frontage Type City Street Tax Annual Amount 18408 Tax Assessed Value 682300 Tax Lot 24 Tax Year 2024 Utilities Sewer Available Water Available Zoning I2

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Results: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-18T18:37:33.253.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882