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.

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More Info

Basic Information

Lot Features Free Standing, Rural, Suburban
Mls Status Active
Possible Use Agricultural, Commercial, Development, Highway/Tourist Service, Industrial, Investment, Mini-Storage, Mixed Use, Nursery, Other, Residential, See Remarks, Subdevelopment, Subdivision, Vacant, Warehouse, Manufacturing
Road Frontage DescriptionConcrete

Building

Building ConstructionFrame
Building Features Garage, Restrooms, Security
Door Features Loading Door
Number Of Buildings 1
Stories1
Year Built1920

Property Information

Approx Lot Square Foot426,134
Structure Type Free-Standing, Total Residential Development

Water Body

Water AccessWell

Legal

ZoningM

Tax Information

Taxes$6,836

Basic Information

List Price$995,000
MLS Number1421505
Modification Date09/05/2026
Property SubTypeCommercial
StatusActive
Virtual TourView Tour

Property

Acreage9.78
Business TypeAgriculture, Commercial, Construction/Contractor, Distribution, Distributor, Fitness, Flex Space, Industrial, Light Industrial, Manufacturing, Other, Parking, Real Estate, Recreation, Research & Development, Residential, Self Storage, Services, Storage, Utility, Warehouse, Warehouse/Distribution

Amenities

Community Features
- Golf
- Highway Access
- Interstate
- Railroad
- Recreational Facilities
- Restaurants
- Street Lights
Other AmenitiesGolf
Security Features Building Security, Security System

Other

Date Listed08/25/2026
View Count1

Parking

Parking Total 100

Rooms

Laundry Features In Building

Location

Address49 Mechanic Street
Building Number49
CountyWashington
StateRI
StreetMechanic Street
TownHopkinton
Zip02832

Interior

Interior Features Ceiling Height (20 Plus Feet)

Utilities

Cooling Central Air, Ductless, Partial
Cooling YN Yes
Electric 3 Phase, Circuit Breakers, Individual Meter
Electric On Property YN Yes
Heat SystemForced Air, Hot Air, Individual Control, Partially Heated
Heating YN Yes
Utilities 3-Phase Electric, Cable Connected, Electricity Connected, Fiber Optic, Private Well, Phone Connected
Waste Water DisposalSeptic Tank

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Amo Realty - Rhode Island