Lincoln, RI 02865,89 Industrial CIR
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Lincoln, RI 02865,89 Industrial CIR
Lincoln, RI 02865,89 Industrial CIR
Lincoln, RI 02865,89 Industrial CIR
Lincoln, RI 02865,89 Industrial CIR

$225,000

Est. payment /mo

$249,900

10.0%
Est.Price: ?

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89 Industrial CIR Lincoln, RI 02865

0.63 Acres Lot

SOLD DATE : 01/15/2021

Key Details

Sold Price $225,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Saylesville

MLS Listing ID 1260204

Sold Date 01/15/21

HOA Y/N No

Year Built 1847

Annual Tax Amount $11,132

Tax Year 2020

Lot Size 0.630 Acres

Acres 0.63

Property Description

This is a 2 1/2 story brick building which served as the administrative offices to the Sayles Mill, the biggest mill in Lincoln. The original company has its routes back to 1847 when William F Sayles established the Moshassuck Bleachery. The business passed to Frank Sayles in 1894, who brought the operation into the 20th century, both from the size of the operation and the technology they employed for finishing cotton. The building is in need of major restoration but boasts amazing, ornate details that are dying to be brought back to life. The property backs up to a pond which adds to the charm. There is plenty of land for gardens, a patio or extra parking. t is zoned Manufacturing. The owner has a variance for mixed use but it will not transfer with a sale. It would be a great project for a residential conversion as a developer is currently building 45 residential loft units in the mill directly across the street. Priced under assessment.

Location

State RI

County Providence

Community Saylesville

Zoning MFG

Rooms

Basement Full

Exterior

Total Parking Spaces 8

Building

Lot Description Historic District

Story 2

Sewer Unknown

Level or Stories 2

Structure Type Brick,Masonry

New Construction Yes

Others

Tax ID 89INDUSTRIALCIRLINC

Financing Cash

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Listed by RE/MAX Professionals
Bought with RE/MAX Professionals

Jeremy Bailey

Broker | License ID: RI, MA, CT

+1(401) 402-0289

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