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$479,900 Just Listed
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Property Description
Exceptional opportunity to acquire a fully entitled residential development in Woonsocket, RI: Mill River Townhouses at 256 Privilege Street (R-4 High Density Residential). Municipal and regulatory groundwork is already complete. The project was previously approved for a 12-unit residential townhouse development with parking, utilities, and engineered stormwater infrastructure. The City issued Final Plan Approval and Findings of Fact confirming zoning compliance, no significant environmental impacts, and adequate municipal water/sewer capacity. The development also received dimensional variance approval from the Woonsocket Zoning Board of Review for the full 12-unit scope. RIDEM Freshwater Wetlands Permit approval is secured, including authorization for stormwater discharge under the RIPDES Construction General Permit, with stamped plans and defined terms in place. Supporting municipal reviews include DPW utility sign-off (drainage acceptability) and Water Division requirements (hydrant placement, backflow devices, meter compatibility). The previously approved plan set identifies Mill River Townhouses as Assessor's Map 21, Lot 214. This offering provides a major head start for a qualified builder or investor seeking a high-density infill project with entitlements substantially complete. Full development package available upon request.
Full Property Details
Full Property Details for 256 Privilege St
General
- Price: $479,900
- Taxes: $2,562 (2025)
- Status: Active
- Type: Commercial
- Source: STWMLS
- MLS ID: 1404727
- Updated: Today (2/11/2026)
- Added to Site: Today
Business
- Business Type: Real Estate, Residential
Parking
- Total Spaces: 27
Location
- County: Providence
- Subdivision: RI MA Line
Community
- Units Assoc/Comm: 12
Utilities
- Sewer: Public Sewer, Sanitary
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Water Connected
Structural Information
- Detached/Attached: Detached
- Basement Desc.: None
- Stories/Levels: 0
- Building Size: 15000
- Finished Total: 15,000 Sq. Ft.
- Finished Above Grnd: 15,000 Sq. Ft.
- Year Built: 2026
Unit Information
- Vacancy %: 100
Lot Features
- Lot Size (Acres): 1.11
- Lot Size (Sq. Ft.): 48,352
- Lot Size: 48352
- Frontage: City Street, Asphalt
- Lot Features: Wetlands
- Potential Use: Development, Residential
Financial Considerations
- Tax Amount: $2,562
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Aerial, Building Plans, Environmental Study, Feasibility Study, Site Plan, Soil Test, Survey, Topographical Survey, Water/Well Report
- Inclusions: Project to be built - approvals in place
- Property ID: 256PRIVILEGESTWOON
- Lot Number: 214
Listed by Engel & Volkers Oceanside
Get Pre-Approved Today
Schools
Schools serving 256 Privilege St
School District:Woonsocket School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 256 Privilege St
Date
Details
Price
Change
Source
2/11/2026
Listed
$479,900
150.08%
MLS
5/04/2021
Sold
$191,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 256 Privilege St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,562
-6%
$120,300
19%
2024
$2,725
4%
$101,000
—
2023
$2,620
—
$101,000
—
2022
$2,620
8%
$101,000
45%
2021
$2,415
-1%
$69,500
—
2020
$2,449
-3%
$69,500
—
2018
$2,515
23%
$69,500
25%
2017
$2,053
-4%
$55,600
—
2016
$2,132
-6%
$55,600
—
2015
$2,263
-8%
$55,600
-10%
2014
$2,463
16%
$61,600
—
2013
$2,129
—
$61,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 256 Privilege St
256 Privilege Street, Woonsocket, RI 02895 (MLS# 1404727) is a Commercial property. 256 Privilege Street is currently listed for $479,900 and was received on February 11, 2026. Want to learn more about 256 Privilege Street? Do you have questions about finding other Commercial real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.

