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    1077 Park Ave Woonsocket, RI 02895

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Retail Space, High Visibility, 2100 sq ft

    Lot size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail or restaurant opportunity is located at 1077 Park Avenue in Woonsocket, Rhode Island, zip code 02895. The property boasts a spacious 2,100 square foot single-tenant space within a building situated on a 3,484 square foot lot. The property features five off-street parking spaces, a significant advantage for customers and employees. The zoning is MU-1, offering flexibility for various commercial uses. The building is currently configured as a single suite, but the space can be subdivided to accommodate two tenants, providing an adaptable layout to suit diverse business needs. The property benefits from high visibility and a high traffic count on busy Park Avenue, ensuring excellent exposure for any business. The landlord is willing to complete the build-out of the space, allowing the tenant to customize the interior to perfectly match their specific business requirements. This is a rare opportunity to secure a substantial retail space in a prime Woonsocket location. Don't miss out on this chance to establish your business in a high-traffic area with ample parking. Contact us today to schedule a viewing.

    Property Features for 1077 Park Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,100 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    2,100 SF
    Rate per SF
    $12

    HighLights

    • 2,100 SF single‑tenant retail/restaurant space in Woonsocket, RI.
    • Located on a 3,484 SF lot with 5 off‑street parking spaces.
    • MU‑1 zoning allows for flexible commercial use; can be subdivided into two suites.
    • High visibility and high traffic count on Park Avenue.
    • Landlord will complete tenant build‑out.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5153868
    Latitude
    41.9885714

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Visibility, 2100 sq ft
    Where is this restaurant located?
    The property is located at 1077 Park Ave Woonsocket, RI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 2,100 SF single-tenant retail/restaurant space in Woonsocket, RI.; Located on a 3,484 SF lot with 5 off-street parking spaces.; MU-1 zoning allows for flexible commercial use; can be subdivided into two suites.
    Request Owner's contact information
    1077 Park Ave 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
    1077 Park Ave Woonsocket, RI 02895
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