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786 Providence St
Woonsocket, RI 02895
Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- Corner lot retail center with strong daily traffic and superior visibility.
- Offers 74 parking spaces to accommodate heavy customer flow and tenant needs.
- Recent capital improvements include brand-new siding, windows, electrical system, and roof.
- Approximately one-acre parcel featuring dual curb cuts for easy ingress and egress.
- Second floor provides approximately 5,000 SF of space for conversion or expansion flexibility.
- Located at a high-traffic signalized intersection, minutes from major highways and a robust retail cluster.
Résumé de l'annonce
This retail shopping center offers a rare investment opportunity in Northern Rhode Island’s active commercial corridor. Strategically located on a highly visible corner lot along Providence Street, the 15,534 SF property consists of five street-level retail units, complemented by 5,000 SF of vacant upper-floor space suitable for conversion to residential or office use. Recent upgrades—including new siding, windows, electrical system, and roof—enhance value and reduce capital expenditure risk for investors.
Positioned at a busy four-way signalized intersection, the center benefits from dual curb cuts and extensive street frontage, ensuring strong traffic counts and customer access. The 1-acre parcel with 74 parking spaces serves current tenants such as a laundromat, nail salon, and restaurant, generating stable income and offering upside through redevelopment of the second floor. With convenient connectivity to Routes 99, 146, and 295, plus proximity to Massachusetts business hubs, this property combines location strength with future growth potential.
Positioned at a busy four-way signalized intersection, the center benefits from dual curb cuts and extensive street frontage, ensuring strong traffic counts and customer access. The 1-acre parcel with 74 parking spaces serves current tenants such as a laundromat, nail salon, and restaurant, generating stable income and offering upside through redevelopment of the second floor. With convenient connectivity to Routes 99, 146, and 295, plus proximity to Massachusetts business hubs, this property combines location strength with future growth potential.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
15 534 pi²
Classe d’immeuble
C
Année de construction
1975
Prix
2 983 470 $ CAD
Prix par pi²
192,06 $ CAD
Taux de capitalisation
5,07%
Revenu net d’exploitation
151 262 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
0,38
Taille du lot
0,94 AC
Zonage
C1
Stationnement
65 places (3,45 places par 1 000 pi² loué)
Façade
Commodités
- Ligne d'autobus
- Gestionnaire d'immeuble sur place
- Enseigne sur pylône
- Affichage
- Intersection avec signalisation
Impôts fonciers
| Numéro de lot | WOON-000011E-000180-000002 | Évaluation des bâtiments | 853 130 $ CAD |
| Évaluation du terrain | 275 474 $ CAD | Évaluation totale | 1 128 604 $ CAD |
Impôts fonciers
Numéro de lot
WOON-000011E-000180-000002
Évaluation du terrain
275 474 $ CAD
Évaluation des bâtiments
853 130 $ CAD
Évaluation totale
1 128 604 $ CAD
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