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Executive Summary

INVESTORS TAKE NOTICE! Exceptional opportunity to own a solid brick and concrete commercial building offering over 10,000 square feet of finished space with endless possibilities. Previously operated as a long-term transitional housing facility for women experiencing homelessness, the property is thoughtfully configured with 28 individual rooms, making it well-suited for a variety of potential uses, including congregate care, micro-apartments, apartment or condominium conversion, etc. Each floor features an additional large common room that was previously used as a library, along with a bathroom. Some individual rooms also include private bathrooms, providing added flexibility for future use. The lower level offers a large kitchen and a spacious community room, creating even more functional space for a wide range of applications. Recent updates include two new Navien hot water heaters and replacement windows. The property also offers onsite parking and a flexible layout ready for its next chapter. This remarkable property presents a rare investment opportunity with exceptional potential. Bring your vision and explore the endless possibilities. Buyer and buyer's agent to perform their own due diligence, including but not limited to zoning, permitted uses, measurements, and all other information deemed material to the purchase, and shall rely solely on the results thereof.

Property Facts

Price $1,051,208 CAD
Price Per SF $99.48 CAD
Sale Type Investment
Property Type Specialty
Property Subtype Shelter
Building Class C
Lot Size 0.20 AC
Building Size 10,567 SF
No. Stories 3
Year Built 1954
Zoning R3
Fairly walkable
50/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
WOON-000010L-000448-000028
Land Assessment
$133,013 CAD
Improvements Assessment
$997,666 CAD
Total Assessment
$1,130,679 CAD
  • Listing ID: 41535553

  • Date on Market: 2026-08-03

  • Last Updated:

  • Address: 53 Coe St, Woonsocket, RI 02895

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