Woonsocket Commercial Property with
For Sale
Contact for pricing
830 Cumberland Hill Road, Woonsocket, RI 02895
2.27-acre property with storefront, warehouses, canopy, and parking.
Property Size19,154 SF
Lot Size2.27 Acres
Price / SF$99.20
Days on Market242
Property Features for 830 Cumberland Hill Road
General Information
Standard status
Active
Size
19,154 SF
Lot size
2.27 Acres
Property subtype
Mixed Use
Building Details
Buildings
3
Listing Agency:
MG Commercial
Listed By:
Julie Freshman · License #0019769
(401) 751-3200
Source:
Crexi
Added: Feb 5
Changed: Aug 14
Last Checked: Oct 4 at 7:55AM
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 MG Commercial
Investment Insights
Based on property information with market context.
The property at 830 Cumberland Hill Road in Woonsocket, Rhode Island, comprises three parcels totaling 2.27 acres. Located on these parcels are a 4,714-square-foot storefront building along Cumberland Hill Road, two warehouse buildings totaling 8,440 square feet, a canopy-type structure of approximately 6,000 square feet, and a paved parking area. Situated west of the Highland Corporate Park, the property benefits from frontage on Cumberland Hill Road (Route 122), offering high visibility and immediate access to Route 146 and I-295. It is also located approximately 15 minutes from I-495 and I-95 in Massachusetts. The property includes Plat Map 42, Lots 461, 469, and 483.
Key Highlights
- Highly visible location on Cumberland Hill Road (Route 122) with immediate access to Route 146 and I‑295.
- Total of 2.27 acres across three parcels.
- Includes a 4,714 SF store‑front building and two warehouse buildings totaling 8,440 SF.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,374
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,427,480
$2.4M
Cap Rate 7%
$1,733,914
$1.7M
Cap Rate 9%
$1,348,600
$1.3M
Market Conditions
NOI Build-Up for 19,154 SF
Gross rent
$143.7K $7.50/SF
− Vacancy
−$862 −$0.05/SF
EGI
$142.8K $7.46/SF
− OpEx
−$21.4K −$1.12/SF
NOI
$121.4K $6.34/SF
Area
Providence County, RI
Vacancy
0.60%
Lease Rate
$7.50 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,427,480
Cap Rate 7%
$1,733,914
Cap Rate 9%
$1,348,600
Alternative Uses
Best Use
Retail
$3.09M
$2.70M – $3.60M
NOI $216,241 @ 7.0% cap · market cap 11.38%
Second Best
Warehouse
$1.73M
$1.52M – $2.02M
NOI $121,374 @ 7.0% cap · market cap 6.39%
Theoretical Best
Multifamily LT 5
$4.56M
$3.99M – $5.32M
NOI $318,923 @ 7.0% cap · market cap 16.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - 2.27-acre property with storefront, warehouses, canopy, and parking.
Where is this storefront property located?
The property is located at 830 Cumberland Hill Road Woonsocket, RI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Highly visible location on Cumberland Hill Road (Route 122) with immediate access to Route 146 and I‑295.; Total of 2.27 acres across three parcels.; Includes a 4,714 SF store‑front building and two warehouse buildings totaling 8,440 SF.
