About This Home

This 0-bedroom, 0-bathroom commercial at 49 Mechanic Street in Hopkinton, RI is listed for $995,000 ($51 per sqft). Built in 1920, the home offers 19,420 sqft of living space on a 9.78 acres lot.

Key Features

  • Built in 1920
  • 9.78 acre lot
  • 100 parking spaces

Property Details

1 story
100 spaces
1920

Amenities

A/C
Listing Description

Over 9 acres of prime real estate situated just moments off I-95 in desirable Hope Valley is now available for sale or lease. Currently improved by a 20,000 square foot commercial building this property has many potential uses. Most recently utilized as a cultivation facility, which could be easily restored to include cannabis dispensary/retail, or

converted into many other uses such as recreation, manufacturing, agricultural, construction/contractor, industrial sectors or perhaps a conversion into a residential development. Also featuring a young septic system, upgraded electrical service, young climate control, 2 loading docks, 2 ground level doors & more.

Very tranquil setting with the pristine Wood River outlining the parcel's eastern & southern property lines. Expansion plans available for review. The possibilities are simply endless. Also available for lease at $10/sq ft annually. Contact listing broker for more info and further available due diligence documentation.

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

49 Mechanic Street

Hopkinton, RI 02832

Features & Amenities

Interior Features

Ceiling Height (20 Plus Feet)

Property Details

Construction

Frame

Heating

Forced Air

Cooling

Central AirDuctlessOther (Cooling)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 49 Mechanic Street is listed at $995,000 ($51/sqft). The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 9.78 acre lot, 100 parking spaces. Interior Features: Ceiling Height (20 Plus Feet).

This property is listed by Michael Russo.

MR

Michael Russo

Agent at RI Real Estate Services

Listed by RI Real Estate Services · Broker phone: (401) 465-0417 · Broker website

MLS# 1421505· Source: State Wide MLS of Rhode Island, Inc.· 69 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

49 Mechanic Street, Hopkinton, RI 02832

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