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Rare in-town development opportunity! Nearly 1 acre just steps from bike path on corner of Oak Dell and Church St. in Wakefield/Peace Dale. Existing 1200+sf single-level home on slab has potential and could either be renovated or ready for demo permit. This property sits in the R-10 zone with municipal water & sewer allowing for the following development possibilities: Demo and sub-divide into 3 separate 10,000+sf single-family build-able lots, demo and sub-divide into 2 separate 15,000+sf single/multi-family lots, renovate home and peel off a separate single/multi family 15,000+sf lot...OR re-develop as a potential 6-unit multi-family apartment and/or condominium complex. Recent survey in hand. Great walk-able location just off bike path close to shops/dining, schools, parks, and more! Short drive or bike to URI or beaches. Also listed as single-family MLS#1217185. Shown by appointment only.