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Well-Maintained Brick Commercial Building

352 Park Avenue, Woonsocket, RI 02895

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For Sale

$850,000

Three-level commercial building with on-site parking, built in 1989.

Type:Commercial

Property size:

5,052 SF

Price / SF:

$168/SF

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.
Three levels.
Plenty of on‑site parking.
Central air conditioning is 6 years old.

We can help!

Listing Contact

Jeffrey Fontaine

Learn more

For Sale

$850,000

Three-level commercial building with on-site parking, built in 1989.

Type:Commercial

Property size:

5,052 SF

Price / SF:

$168/SF

Added:: Jan 20, 2026
Days on Market:: 154
Last Refresh:: Apr 25 at 6:24 am

Property Features for 352 Park Avenue

General Information

Standard status: Active
Size: 5,052 SF
Property subtype: Commercial

Building Details

Year Built: 1989

We can help!

Listing Contact

Jeffrey Fontaine

Listing agent Jeffrey Fontaine License #REB.0016052

Listing office Fontaine Real Estate, Inc.

Listing date Jan 20, 2026

Source Liongatere

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 Fontaine Real Estate, Inc.

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.
Three levels.
Plenty of on‑site parking.
Central air conditioning is 6 years old.

Overview

This well-maintained brick commercial building, constructed in 1989, offers approximately 5,052 square feet of gross building area. The building features three levels and ample on-site parking. Updates have been made to the property within the last 7 to 8 years, and the central air conditioning system is 6 years old. This property presents an opportunity for either full occupancy or leasing for income generation. It is located in Woonsocket, RI.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

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

5,052 SF · lease $20.04/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$932.9K

$816.3K – $1.09M (±1% cap)

NOI $65,301 @ 7.0% cap · market cap 7.68%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $84,118 @ 7.0% cap · market cap 9.90%

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

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Woonsocket
County: Providence
State: Rhode Island
Longitude: -71.5106707
Latitude: 41.9978108

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For sale
Office buildings
RI
Woonsocket
02895
352 Park Avenue

What type of property is this?

Office building - Three-level commercial building with on-site parking, built in 1989.

Where is this office building located?

The property is located at 352 Park Avenue Woonsocket, RI.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: 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.