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    FOR SALE
    Showrooms

    2 Monument Sq, Woonsocket, RI 02895

    7,742 SF 0.32 ac lot Built 1930
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US76-0115953
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1930
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 7,742 SF
    Lot 0.32 ac (14,075 SF)
    Zoning code C1
    APN WOON M:14A L:278 U:21
    UPID US76-0115953
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    A R TOUCHETTE DDF
    A R TOUCHETTE DDF
    Zoning & alternative use
    C1 · Woonsocket, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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