$225,000
$249,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
89 Industrial CIR Lincoln, RI 02865
0.63 Acres Lot
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 State-Wide Multiple Listing Service. All rights reserved.
Bought with RE/MAX Professionals