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    99 Cumberland St Woonsocket, RI 02895

    Sponsored
    For Sale
    $1,100,000

    16,332 SF, 4-Story Building, 1.26 Acres

    Property size:
    16,332 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: a four-story, 16,332 square foot funeral home situated on a 1.26-acre lot in Woonsocket, Rhode Island. This substantial property, located at 99 Cumberland Street, is zoned C-1 (Commercial) and offers a multitude of features including multiple service rooms, a dedicated office area, and a basement encompassing preparation space and ample storage. The lower level also includes car storage and repair capabilities, enhanced by five cross-bay garages equipped with ten overhead doors. Adding to its versatility, the property includes two residential units. Its convenient location just south of the Massachusetts state line provides easy access to a wider market. The asking price for this unique property is $1,100,000. This presents a rare chance to acquire a well-established and versatile commercial property with significant potential.

    Property Features for 99 Cumberland St

    General Information

    Property type
    Specialty properties
    Square Feet
    16,332 SF
    Lot Size
    54,886 SF

    Building Details

    Buildings
    1
    Stories
    4

    HighLights

    • Four‑story, 16,332 SF funeral home on a 1.26‑acre lot in Woonsocket, RI.
    • C‑1 Commercial zoning.
    • Multiple service rooms, offices, and ample basement storage.
    • Basement includes five cross‑bay garages with ten overhead doors and car repair capabilities.
    • Includes two residential units.
    • Asking price: $1,100,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Darling Renee E Funeral Home Fournier Arthur V ... Funeral Home

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -71.501810021663
    Latitude
    42.007198175428

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    FAQs

    What type of property is this?
    Specialty property - 16,332 SF, 4-Story Building, 1.26 Acres
    Where is this specialty property located?
    The property is located at 99 Cumberland St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Four-story, 16,332 SF funeral home on a 1.26-acre lot in Woonsocket, RI.; C-1 Commercial zoning.; Multiple service rooms, offices, and ample basement storage.
    (401) 331-9300
    Request Owner's contact information
    99 Cumberland 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
    99 Cumberland St Woonsocket, RI 02895
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