Rhode Island Multi-Family Commercial Real Estate

The City of Woonsocket invites Developers, Builders, Investors and Real Estate Agents to participate in this solicitation of proposals for the purchase and subsequent redevelopment of the former Woonsocket Middle School located at 357 Park Place (Map D4, Lot 27-113) consisting of 2.98 acres. The four (4) separate, but attached buildings are being studied and considered for placement on the National Register of Historic Places. The buildings contain approximately 212,900 sq. ft. The former Middle School was vacated in January 2010. Priority will be given to proposals wherein at least 50% of the existing building square footage in the complex is proposed to be retained. The complex consists of a series of historic structures /additions. Special attention must be given to retention of existing architectural continuity and historic design features. 2.) The suggested re-use of the property is for commercial/residential or mixed-use with upscale market priced residential; continuing care retirement facilities [nursing home/assisted living/end care]; office/research purposes; and related public uses; including related market price residential-re-uses such as live/work units which include individual work spaces; colleges or universities. The City of Woonsocket, at 16%, exceeds the required percentage of low-moderate housing required by the State of Rhode Island. Consideration will be given to uses that result in ongoing, sustainable employment opportunities in connection with the use of the property. Certain proposed uses will likely require a zoning change, which the City may consider at a later date. 3.) New construction in part or total may also be permitted, provided it is sympathetic to the historic character of the buildings. ASSESSOR CARD: https://data.nereval.com/PropertyDetail.aspx?town=Woonsocket&accountnumber=10218&card=1 Additional Videos Rooftop - https://youtu.be/s2kJWppJDT8 External Walk around - https://youtu.be/GA5j5gfLVco Internal 1 - https://youtu.be/wxWHZqLJlT8 Internal 2- https://youtu.be/kvIRF6fDhh8 The City of Woonsocket invites Developers, Builders, Investors and Real Estate Agents to participate in this solicitation of proposals for the purchase and subsequent redevelopment of the former Woonsocket Middle School located at 357 Park Place (Map D4, Lot 27-113) consisting of 2.98 acres. The four (4) separate, but attached buildings are being studied and considered for placement on the National Register of Historic Places. The buildings contain approximately 212,900 sq. ft. The former Middle School was vacated in January 2010.

Downtown Newport, close to Bellevue Avenue and Memorial Boulevard Investors take note. Three level, six unit residential building centrally located one block from Bellevue Avenue, Memorial Boulevard and across the street from The Tennis Hall of Fame. Property needs updating, but has a nice 10,000 sq ft corner lot and much upside potential for student leasing, air b&b or long term year round tenants. Rare find for this size and location.

Mix of multi-units, single family and retail. Two solid brick buildings with 6 units in each.