2 Monument Sq, Woonsocket, RI 02895
This exceptional commercial property at 2 Monument Square in Woonsocket, Rhode Island, presents a unique investment opportunity. Situated on a 0.32-acre lot directly across from the Stadium Theatre and Conservatory, this high-traffic location ensures maximum visibility and accessibility. The building boasts eight units, offering diverse possibilities for a variety of businesses. The ground floor comprises four spacious storefront units, each featuring high ceilings and large storefront windows that flood the interiors with natural light, creating an inviting atmosphere for customers. These units are ideal for retail or businesses requiring high visibility. Upstairs, four additional office suites are available, designed with handicap accessibility in mind. These spaces are perfectly suited for medical or dental practices, beauty salons, spas, or other health services businesses. A significant advantage is the on-site 15-space parking lot, ensuring convenient parking for tenants and their clients. Further parking is readily available in a nearby municipal lot, addressing potential overflow needs in this bustling area. The property's prime location, coupled with the vibrant surrounding community and proximity to the renowned Stadium Theatre, makes this a truly exceptional investment opportunity for those seeking to establish or expand their business presence in a thriving commercial district. The asking price for this remarkable property is $789,000.
-
PC Matter Computers Tech Support Center (Bike/Boat/Book/etc) Store
-
Yaya and the tree of life (Bike/Boat/Book/etc) Store
-
The Tree of Life Gift Shop and More (Bike/Boat/Book/etc) Store
-
Monument Tax Associates Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Woonsocket, RIWoonsocket. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.