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Commercial at 59 Foundry Street, Central Falls
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$1,850,000

59 Foundry Street
Central Falls, RI 02863
Listed by Robert Fox
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1880

About this home

66k SqFt Mill CF For Redevelopment! Rare redevelopment opportunity featuring two connected mill buildings totaling approximately 66,000 square feet at 59 Foundry Street in Central Falls, RI. The property includes approximately 50 parking spaces, a clean Phase I and Phase II environmental report, and an additional lot across the street at 56 Foundry Street. The seller will vacate the property at closing, providing immediate flexibility for an owner-user, investor, or redevelopment project. Offered as-is, the buildings are in excellent overall condition and present significant value-add potential. Conveniently located just minutes from Interstate 95, the property offers outstanding regional accessibility to Providence, Boston, and the greater Southern New England market. Excellent Redevelopment opportunity or owner user.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1416075
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
78
On market date
June 22, 2026
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
89,948 sqft

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
The Learning Community
0.17 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
579
Student:teacher ratio
12.6:1
District
Learning Community
Middle
Calcutt Middle School
0.28 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
729
Student:teacher ratio
17.0:1
District
Central Falls
High
Central Falls Sr High
0.34 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
804
Student:teacher ratio
17.1:1
District
Central Falls

Walkability

Blended score for Central Falls's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks14
Schools19
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Central Falls, from live MLS data.

On the market 78 days -- 29 more days than Central Falls's current average of 49 days.
For reference, the median list price across 67 active listings in Central Falls right now is $494,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$11,291/mo
$370,000 down
$1,480,000 loan
Principal & interest$9,599
Property tax (est.)$1,542
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated September 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.