• Broker Julie Freshman 4014399091
  • Broker George Paskalis 4013747038

295 Main St - Former YMCA / Redevelopment Opportunity 33,298 SF Specialty Building Offered For Sale in Woonsocket, RI 02895

View Photo

INVESTMENT HIGHLIGHTS

  • Potential for Similar Health Club Use, Residential or Adaptive Reuse
  • 3,200 SF Pool
  • Riverfront Acreage Included
  • Annual Taxes = $45,667.37

EXECUTIVE SUMMARY

295 Main Street consists of a 17,264 SF, masonry building that was most recently the home of the Woonsocket YMCA and formerly served as Woonsocket's main post office until 1975. The building contains a 3,200 SF pool, a 1,064 SF finished second floor, various gym, aerobic and fitness spaces; and consists of three parcels, totaling 0.64 acres, with an onsite parking area accessed off of Federal Street behind the building. A cat walk connects the Main Street building to the YMCA's 43 Federal Street building (described below).
43 Federal Street consists of a two and three-story, 16,034 SF, brick building formerly utilized by the YMCA for school/classroom space. 43 Federal Street 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. The historical character of these buildings and proximity to amenities and transportation options present a unique opportunity for a buyer with a similar or adaptive reuse.
An additional parcel of land, consisting of 1.19 riverfront acres, is also included in the sale and has been most recently used as a community garden. A flood control easement and associated dike run through the property. The parcel's proximity to the Blackstone River lends itself to a use similar in nature to the most recent community garden or similar outdoor space.

ATTACHMENTS

YMCA Properties - Woonsocket - Sale Brochure

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Specialty
Building Class C
Lot Size 2.30 AC
Building Size 33,298 SF
No. Stories 3
Year Built 1900
Parking Ratio 0.45/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C-1/ Downtown Overlay - Zoned C-1 (Urban Commercial District) Downtown Overlay District Allowing Additional Permitted Uses Zoned C-2 (Major Commercial District) - Clinton St
Walk Score®
Very Walkable (88)

PROPERTY TAXES

Parcel Numbers WOON M:14B L:227 U:3, WOON-000014B-000225-000001, WOON-000014B-000386-000002 Improvements Assessment $891,500
Land Assessment $70,000 Total Assessment $961,500

MAP

ADDITIONAL PHOTOS

View Photo Exterior Main Building 2
View Photo Woonsocket YMCA sign2
View Photo Woonsocket YMCA sign
View Photo Historical Marker Photo
View Photo Pool
  • Listing ID: 32720410

  • Date on Market: 8/7/2024

  • Last Updated: 6/6/2025

  • Address: 295 Main St, Woonsocket, RI 02895

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