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Unique Salon with Redevelopment Potential
For Sale
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382 Woodruff Avenue, South Kingstown, RI 02879

Long-term hair salon with redevelopment potential in prime location.

Property SizeContact for details
Days on Market828

Property Features for 382 Woodruff Avenue

General Information

Standard status Active
Total Parking Spaces 22
Property subtype Land, Retail

Building Details

Year Built 1920
Buildings 1
Stories 1
Listing Agency: Edge Realty Ri, Llc
Listed By: Alexander Fraioli
Source: Crexi
Added: May 17, 2024 Changed: Aug 14 Last Checked: Aug 20 at 9:43PM

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 Edge Realty Ri, Llc

Investment Insights

Based on property information with market context.

This unique property, currently operating as a long-term hair salon, is located in a residential neighborhood and offers potential for entrepreneurs. The property features over 20 parking spaces and is conveniently located near downtown amenities, including markets and ice cream shops. A bike path is nearby. The zoning allows for various possibilities, subject to town approval, including the potential to transform the space into two distinct buildings. The business has been established for over 30 years. The property is a short drive from the beach. Note: If you were to convert this property into a single family home, please reference MLS #if you want to make this a single family, please reference MLS ID: 1369307

Key Highlights

  • Unique long‑term hair salon business opportunity in a prime location.
  • Over 20 parking spaces, offering exceptional convenience.
  • Strategic location steps from downtown amenities (markets, ice cream shops).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Computer & Electronic Repair Parking Lot & Garage Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,514
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 42% Home Improvements & Furnishings 8% Electronics 1%
Starbucks Dining
18,358 visits/mo 0.4 miles
Ocean State Job Lot Shops & Services
17,851 visits/mo 0.4 miles
Five Guys Dining
8,061 visits/mo 0.4 miles
Salk's Ace Hardware & Marine Home Improvements & Furnishings
6,350 visits/mo 0.5 miles
Bank of America Shops & Services
6,002 visits/mo 0.4 miles

Demographics for 02879, RI

20,982
Population
11,959
Households
1.8
Avg Household Size
51
Median Age
59%
College-Educated
95%
High-School Grad
39.5 sq mi
ZIP Area
531
Density / Sq Mi
$115,848
Median Household Income
$56,125
Median Earnings
$1,281
Median Rent
$515,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Long-term hair salon with redevelopment potential in prime location.
Where is this retail space located?
The property is located at 382 Woodruff Avenue South Kingstown, RI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Unique long‑term hair salon business opportunity in a prime location.; Over 20 parking spaces, offering exceptional convenience.; Strategic location steps from downtown amenities (markets, ice cream shops).
(401) 783-1007 Call to check price and availability
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