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Mixed-Use Building with Storefronts
New
For Sale
$675,000

361 Chapel Street, Burrillville, RI 02830

Six occupied apartments sit alongside three vacant commercial spaces, with rear parking serving the property.

Property Size7,668 SF
Price / SF$88.03
Days on Market4

Property Features for 361 Chapel Street

General Information

Standard status Active
Size 7,668 SF
Property subtype Commercial

Units

Unit Mix 2 x 3BR, 4 x 2BR
Multifamily Units 6

Amenities

onsite laundry room

Building Details

Year Built 1888
Buildings 1
Listing Agency: Harborside Realty
Listed By: Cody Sequino · License #REB.0019378
Source: Lockandkeyre
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 2:08PM

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 Harborside Realty

Investment Insights

Based on property information with market context.

This 7,668-square-foot mixed-use property contains nine units: six apartments and three commercial storefront spaces. The residential mix includes two three-bedroom apartments and four two-bedroom apartments; all six are currently rented. Some apartments have refreshed kitchens, newer flooring, and fresh paint. An onsite laundry room and parking at the rear of the building are additional features. The property was built in 1888.

The three storefront spaces are vacant, allowing future occupants to configure them for their needs. Residential and commercial tenants are responsible for their own gas and electricity.

Key Highlights

  • Nine total units: six apartments and three commercial storefront spaces
  • All six apartments are currently rented
  • Apartment mix includes two 3‑bedroom and four 2‑bedroom units

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Nail Salon Electrical Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 02830, RI

6,474
Population
2,837
Households
2.3
Avg Household Size
46
Median Age
29%
College-Educated
91%
High-School Grad
20.4 sq mi
ZIP Area
317
Density / Sq Mi
$121,611
Median Household Income
$59,876
Median Earnings
$981
Median Rent
$381,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six occupied apartments sit alongside three vacant commercial spaces, with rear parking serving the property.
Where is this mixed-use property located?
The property is located at 361 Chapel Street Burrillville, RI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Nine total units: six apartments and three commercial storefront spaces; All six apartments are currently rented; Apartment mix includes two 3‑bedroom and four 2‑bedroom units
More about this property
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