Contacts

Julie Freshman

MG Commercial

Property Details

Property Type Other - Special Purpose
Property Size 16,034 SF
Lot Size 0.47 Acre
Additional Rent Contact for pricing
Date Updated Nov 6, 2024

43 Federal Street is located in the heart of Woonsocket's historic downtown area, across the street from the Stadium Theatre Performing Arts Centre & Conservatory, with easy access to and from Providence, Boston and Worcester. The property is located within the City's Downtown Overlay District, which was established to allow additional permitted uses that encourage further growth and concentration of art, cultural and entertainment attractions; promote the use of vacant and underutilized properties; and encourage a walkable vibrant environment. Key benefits of the area include a reduction from 2 to 1 parking spaces per residential unit, no required commercial parking, outdoor cafe seating & interim uses such as pop-up retail, and live/work units.43 Federal Street consists of a two and three-story, 16,034 SF, brick building formerly utilized by the YMCA for school/classroom space. The property is made up of three parcels, totaling 0.47 acres. A basketball court/playground area is located on the property behind the building along Clinton Street and could be converted to an on-site parking lot. A cat walk connects the Federal Street building to the YMCA's 295 Main Street building located across Federal Street which is also for sale. The properties can be sold separately or together. The Federal Street building's exposed brick and historical character, as well as its proximity to amenities and transportation options, lends itself to a residential and/or mixed-use redevelopment or adaptive reuse.

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Highlights

Zoned C-1 (Urban Commercial District)
Downtown Overlay District Allowing Additional Permitted Uses
Ideal for Residential, O?ce, Creative, Loft, Live/Work Spaces
Potential for Adaptive Reuse or Redevelopment
Annual Taxes = $20,375.87

Attachments

Sale Brochure (PDF) opens in new window

Getting around

88/100
Walk Score ®
32/100
Transit Score ®
41/100
Bike Score ®

Powered by Walk Score ®

Location

City Woonsocket, RI
Neighborhood Woonsocket
Zip Code 02895
Market Providence

Points of Interest

Woonsocket Depot. Polar Express Train Station

0.10 miles

Speedway

0.31 miles
Cumberland Farms

0.65 miles
Stop & Shop Gas

1.57 miles
Shell

1.70 miles
Gulf

5.77 miles
T.H. Malloy

5.99 miles
ChargePoint

6.05 miles

Rest Area I-295 (North Bound )

5.60 miles
Bike Trail Parking - Rest Area

5.63 miles
Lot M

5.82 miles
Car Parking

6.10 miles
Stillwater Scenic Trail Parking

6.88 miles
State Police Parking

8.83 miles
Peter Randall State Park

9.65 miles

Holiday Inn Express & Suites

1.63 miles
Residence Inn Providence Lincoln

5.09 miles
Courtyard by Marriot Providence Lincoln

5.20 miles
Holiday Inn Express & Suites Smithfield

5.98 miles
Hampton Inn & Suites Providence/Smithfield

6.21 miles
Home2 Suites

6.31 miles
The Alpine Motel

7.70 miles

Job Lot

1.43 miles
Kohl's

1.60 miles
Stop & Shop

1.62 miles
ALDI

1.85 miles
Walmart Supercenter

1.98 miles
Brigido's IGA

3.75 miles
Target

4.90 miles
Marshalls

4.98 miles
Seabra Foods

5.22 miles
Dave's Fresh Marketplace

6.97 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

43 Federal Street