$ 470,700 $ 479,900 1.9%

256 Privilege ST

Woonsocket, RI 02895

  • 15,000 SqFt
  • 1.11 Lot Size
  • 2026 Year Built
Exceptional opportunity to acquire a fully entitled residential development in Woonsocket, RI: Mill River Townhouses at 256 Privilege Street (R-4 High Density Residential). Municipal and regulatory groundwork is already complete. The project was previously approved for a 12-unit residential townhouse development with parking, utilities, and engineered stormwater infrastructure. The City issued Final Plan Approval and Findings of Fact confirming zoning compliance, no significant environmental impacts, and adequate municipal water/sewer capacity. The development also received dimensional variance approval from the Woonsocket Zoning Board of Review for the full 12-unit scope. RIDEM Freshwater Wetlands Permit approval is secured, including authorization for stormwater discharge under the RIPDES Construction General Permit, with stamped plans and defined terms in place. Supporting municipal reviews include DPW utility sign-off (drainage acceptability) and Water Division requirements (hydrant placement, backflow devices, meter compatibility). The previously approved plan set identifies Mill River Townhouses as Assessor's Map 21, Lot 214. This offering provides a major head start for a qualified builder or investor seeking a high-density infill project with entitlements substantially complete. Full development package available upon request.
Listed by Engel & Volkers Oceanside , Sold By Century 21 Limitless

PROPERTY DETAIL

  • Key Details

    Sold Price $470,700

    Property Type Commercial

    Sub Type Commercial

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 15, 000 sqft

    Price per Sqft $31

    Subdivision Ri Ma Line

    MLS Listing ID 1404727

    Sold Date 05/20/26

    HOA Y/N No

    Abv Grd Liv Area 15,000

    Year Built 2026

    Annual Tax Amount $2,562

    Tax Year 2025

    Lot Size 1.110 Acres

    Acres 1.11

    Property Sub-Type Commercial

  • Location

    State RI

    County Providence

    Community Ri Ma Line

  • Rooms

    Basement None

  • Building

    Lot Description Wetlands

    Sewer Public Sewer, Sanitary

    Water Public

    New Construction No

  • Exterior

    Community Features Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

    Utilities Available Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Water Connected

    Street Surface Asphalt

    Total Parking Spaces 27

  • Others

    Tax ID 256PRIVILEGESTWOON

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