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    471 Arnold St Woonsocket, RI 02895

    Sponsored
    For Sale
    $389,900

    Prime location, high potential, 1215 sq ft.

    Property size:
    1,215 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional commercial property, located at 471 Arnold Street in Woonsocket, Rhode Island, presents a compelling investment opportunity. The building encompasses 1,215 square feet and sits on a sizable 0.65-acre lot, offering significant versatility. Its prominent corner lot location provides excellent visibility and accessibility. The existing structure presents a blank canvas for a variety of commercial uses. Imagine transforming this space into modern office suites, a secure storage facility, or even a thriving automotive service center. The substantial lot size allows for ample parking and potential expansion. The property's location within Woonsocket offers convenient access to major transportation routes and a diverse local market. This is an ideal opportunity for an investor seeking a high-return property with significant upside potential. The asking price of $389,900 reflects the property's strong value proposition and the potential for substantial future appreciation. The size of the lot and the building's adaptable nature make this a truly unique investment opportunity in a desirable Rhode Island location. Don't miss the chance to acquire this versatile commercial property and capitalize on its considerable potential. Serious inquiries are encouraged.

    Property Features for 471 Arnold St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,215 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Mike's Auto Repair Brake Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.51604
    Latitude
    42.0064

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high potential, 1215 sq ft.
    Where is this commercial real estate located?
    The property is located at 471 Arnold St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $389,900.
    (401) 415-8527
    Request Owner's contact information
    471 Arnold St Woonsocket, RI 02895
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    Woonsocket, RI 02895
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    471 Arnold St Woonsocket, RI 02895
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