Business at 215 Shady Lea Road, North Kingstown
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$4,000,000

215 Shady Lea Road
North Kingstown, RI 02852
Listed by Ellen Pacheco
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1993

About this home

Family owned & run 1958-present. This Mill is in amazing condition sitting on 12.72 acres. It currently rents out 49 units fully rented all with different uses from blown glass, karate studio, to florist & so many others. All of the units have individual gas & electric meters. In addition to this amazing mill it will also include a 698 sq ft bungalow built in 1960 & 203 SHADY LEA RD, a 2 family also built in 1880 that is 1959 sq ft of living space. This is an incredible property with so many other possibilities. Buyers & buyers agents to verify all information.

Property details

MLS #
1422566
Property type
Business
Subdivision
N/A
Status
Active
Days on market
11
On market date
September 8, 2026
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
20
Lot size
35,214 sqft
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Hamilton School
1.55 mi away · Grades 0-5
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
415
Student:teacher ratio
16.6:1
District
North Kingstown
Middle
Wickford Middle School
2.24 mi away · Grades 6-8
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
341
Student:teacher ratio
12.2:1
District
North Kingstown
High
North Kingstown Sr. High
1.66 mi away · Grades 9-12
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
1,451
Student:teacher ratio
13.7:1
District
North Kingstown

Walkability

Blended score for North Kingstown'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).

38
Car-dependent
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
25 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools1
Transit stops9
Pharmacies0

Market position

How this listing compares to current activity in North Kingstown, from live MLS data.

On the market 11 days -- 45 fewer days than North Kingstown's current average of 56 days.
For reference, the median list price across 175 active listings in North Kingstown right now is $650,000.

Mortgage calculator

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

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Est. monthly payment
$24,238/mo
$800,000 down
$3,200,000 loan
Principal & interest$20,755
Property tax (est.)$3,333
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 15 days ago.

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.