0 Main Street Update 04/21/21

17-Acre Parcel Going to Auction Directly Off I-95 in Rhode Island

Sullivan & Sullivan Auctioneers will be auctioning off a 17-acre vacant developable property located on Interstate 95 and RI Route 3 in Hopkinton, Rhode Island.

The large, family-owned parcel with significant frontage on Route 3  and direct on/off access to I-95 North and South are being offered under an “Absolute Auction” format. It will be sold to the highest qualified bidder with no minimum set by the property owner.

“This auction presents a tremendous opportunity for commercial development. With its prime location alongside a major interstate and the sheer size of the parcel, these 17+/- acres should prove very attractive to any number of manufacturing, transportation or other related businesses. Undeveloped land with direct on/off access to I-95 can be quite hard to come by. I can’t recall a similar offering coming up for auction in the past 15 years or more. This could be one of the last such parcels remaining on I-95 between Main and Virginia. We expect a high volume of bidders to come out on May 14.” Said Marianne Sullivan, President of Sullivan & Sullivan.

The property has come to auction as part of a family estate settlement among dozens of living heirs to the original owners. This remaining 17+/- acre tract was once part of a roughly hundred-acre family-owned farm that was bisected by the construction of Routes 3 and 95. Other parcels had been sub-divided numerous times and sold off in pieces over the past 75 years.

The auction will take place live, on-site at 0 Main Street in Hopkinton, Rhode Island on Friday, May 14 at 11am. 

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