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    415 Arnold St Woonsocket, RI 02895

    Sponsored
    For Sale
    $620,000

    Profitable Grocery Store, Turnkey Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 415 Arnold Street in Woonsocket, Rhode Island, presents a unique investment opportunity. The property consists of a single building situated on a substantial 7,405 square foot lot. Built in 1900, this established retail grocery store is currently operating profitably and includes all equipment within the sale price. The spacious layout offers a significant retail area for customer interaction, complemented by ample storage space in the rear of the building. The property's prime location in Woonsocket, zip code 02895, within Providence County, offers excellent visibility and accessibility for customers. This turnkey operation is ready for immediate ownership, providing a seamless transition for the new owner. The property is zoned for commercial use and represents a rare chance to acquire a thriving business with significant growth potential. Financial records are available upon request to qualified buyers. This is an exceptional opportunity for an investor seeking a profitable, established business with a strong track record. The property's size and location make it ideal for continued operation as a grocery store or potential redevelopment for other retail uses. Serious inquiries only.

    Property Features for 415 Arnold St

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1900
    Buildings
    1

    HighLights

    • $620,000 asking price.
    • 7,405 SF lot size.
    • 1900‑built, single building retail property.
    • Located at 415 Arnold Street, Woonsocket, RI 02895.
    • Includes all existing equipment.
    • Profitable, established retail grocery market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Friendly Market Grocery Store Asian Fresh Produce ... Grocery Store

    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
    -71.5167016
    Latitude
    42.0058705

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    FAQs

    What type of property is this?
    Individual retail property - Profitable Grocery Store, Turnkey Opportunity
    Where is this individual retail property located?
    The property is located at 415 Arnold St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: $620,000 asking price.; 7,405 SF lot size.; 1900-built, single building retail property.
    Request Owner's contact information
    415 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
    415 Arnold St Woonsocket, RI 02895
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