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Investment Highlights

  • 20,000+ SF Building
  • Moments off of I-95
  • 9+ Acres

Executive Summary

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.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Taxes $9,465 $0.49
Operating Expenses - -
Total Expenses $9,465 $0.49

Financial Summary (Actual - 2026)

Taxes (CAD)
Annual $9,465
Annual Per SF $0.49
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $9,465
Annual Per SF $0.49

Property Facts

Price $1,377,637 CAD
Price Per SF $70.94 CAD
Sale Type Investment
Sale Condition Lease Option
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • General Retail Freestanding
  • Industrial Warehouse
Building Class C
Lot Size 9.87 AC
Rentable Building Area 19,420 SF
No. Stories 1
Year Built/Renovated 1920/2025
Tenancy Single
Parking Ratio 5.15/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning MFG - Maunfactering/Industrial/Commercial

Amenities

  • 24 Hour Access
  • Controlled Access
  • Front Loading
  • Mezzanine
  • Security System
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Breakroom

Utilities

  • Lighting - Fluorescent
  • Water - Well
  • Sewer - Septic Field
  • Heating - Electric
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
HOPK-000015-000000-000013B
Land Assessment
$165,075 CAD (2025)
Improvements Assessment
$362,526 CAD (2025)
Total Assessment
$527,601 CAD (2025)
Annual Taxes
$9,465 CAD ($0.49 CAD/SF)
Tax Year
2026
  • Listing ID: 41965949

  • Date on Market: 2026-09-01

  • Last Updated:

  • Address: 49 Mechanic St, Hope Valley, RI 02832

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