352 Park Avenue Woonsocket Woonsocket, RI 02895
Well-maintained, three-level office building with on-site parking.
- Added:
- May 16, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 30 at 3:48 am
Property Features for 352 Park Avenue Woonsocket
General Information
- Standard status
- Active
- Size
- 5,052 SF
Building Details
- Year Built
- 1989
Listing office (508) 501-1443
Listing date May 16, 2026
Source Milestonerealtyinc
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Leanne McCormick
Investment Insights
Based on property information with market context.
Key Highlights
- Well‑maintained brick commercial building with approximately 5,052 sf of gross building area.
- Opportunity to occupy the entire building or lease for income generation.
- Updated within the past 7 to 8 years.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.2k | $20.04 |
| − Vacancy | −$14.2k | −$2.81 |
| EGI | $87.1k | $17.23 |
| − OpEx | −$21.8k | −$4.31 |
| NOI | $65.3k | $12.93 |
