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85 Fairmount Street, Woonsocket

85 Fairmount Street Woonsocket

$2,500,000
130,680 sq ft

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The Property

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, generating approximately $9,100 per month ($110,000 annually)—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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Listing Details

MLS Number

1378104

Lot Size:

3.00 acres

Features

  • Basement: Full
  • Urban
  • Year Built: 1889

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Market Trends for Commercial Sale
in Woonsocket

  • Overview
    Homes for Sale Today3147.6% increase in inventory
    New on Market *7-30% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$148.46$73 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$600,000$115,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *70.59%-21% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$102.67$103 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *3095 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Re/Max Results

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