Burrillville, Rhode Island: A Premier Destination for Commercial Real Estate

Introduction

Burrillville, Rhode Island, offers a unique and promising landscape for commercial real estate (CRE) professionals. Nestled in the northwestern corner of the state, Burrillville is known for its rich history and evolving economy. As a smaller town with a population of just over 16,000, it provides an intimate yet dynamic setting for industries ranging from manufacturing to retail. Burrillville's strategic location and community-driven development initiatives make it an attractive destination for CRE investors and developers.

Economic and Industry Overview

Burrillville’s economy is primarily driven by manufacturing, retail, and healthcare sectors. The town’s industrial base, rooted in its historical textile mills, has evolved to include modern manufacturing and distribution operations. The presence of local enterprises and small businesses fuels the demand for retail and office spaces, creating diverse opportunities for commercial real estate investments.

The Northern Rhode Island Chamber of Commerce actively supports economic development in the region, offering resources and initiatives designed to attract and retain businesses in Burrillville.

Strategic Location and Transportation Infrastructure

Burrillville's proximity to major transportation networks enhances its appeal for CRE activities. The town is accessible via several key highways, including Route 102, which connects to Interstate 295 and Interstate 95, facilitating seamless access to Providence and the Greater Boston area. Although Burrillville does not have direct rail or port access, its strategic location within Rhode Island positions it advantageously for logistical operations.

For more transportation details, you can visit the Rhode Island Department of Transportation.

Commercial Real Estate Inventory & Zoning

Burrillville offers a variety of commercial real estate submarkets, including industrial corridors and retail hubs. The town's zoning regulations support mixed-use developments and offer incentives for sustainable projects.

Key asset classes in Burrillville include: - Industrial: Warehousing and light manufacturing spaces. - Retail: Local shopping centers and standalone retail units. - Office: Small to mid-sized office spaces suitable for local businesses.

For zoning maps and detailed zoning information, please visit the Town of Burrillville Zoning Map.

Major Employers and Institutions

Burrillville hosts several significant employers that drive demand for commercial real estate. Notable employers include: - Burrillville School District - Daniele, Inc., a leading producer of specialty foods. - Ocean State Power, a prominent power generation facility.

These organizations, along with local government and healthcare institutions, contribute to the economic vibrancy of the area. For more information, check the Burrillville Economic Development page.

Notable Commercial Developments & Projects

Burrillville is witnessing several exciting development projects, including mixed-use developments and public-private partnerships aimed at revitalizing historical areas. The town actively participates in the Federal Opportunity Zones program, offering tax incentives for investments in designated areas.

For detailed planning and development maps, visit the Burrillville Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors seeking to navigate Burrillville’s planning and development landscape, the following resources are invaluable: - Burrillville Building Department - Online Permitting Portal - GIS Parcel Viewer - Planning Commission - Development Code PDF

Market Data & Economic Reports

Burrillville's commercial real estate market is supported by robust data and insights. Public datasets such as those from Census.gov provide essential information for investors. Brevitas leverages AI-powered aggregation to offer real-time market insights and dashboards for Burrillville.

Why Use Brevitas for Burrillville, Rhode Island CRE?

Brevitas stands out as the premier marketplace for commercial real estate in Burrillville, Rhode Island. Our platform offers: - AI-driven CRE discovery for tailored property searches. - Real-time market alerts to keep you informed. - Smart property pages with comprehensive data. - Dealroom collaboration for seamless transaction management.

Unique Brevitas features include: - Auto-generated listing pages for efficient property marketing. - Email and landing page tools for targeted outreach. - Integration with brokers and developers to streamline operations. - Exclusive listings and premium exposure, enhancing your market presence.

Explore Brevitas for Burrillville today and unlock the potential of this promising CRE market.