Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    471 Arnold St Woonsocket, RI 02895

    Sponsored
    For Sale
    $390,000

    Prime RI location, high potential. $390,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 471 Arnold Street, Woonsocket, Rhode Island, presents a compelling investment opportunity. Situated on a substantial 26,572 square foot lot in Providence County (zip code 02895), this mixed-use property offers significant potential for a variety of commercial ventures. The existing building, constructed in 1950, encompasses 1,215 square feet and provides a solid foundation for redevelopment or continued use. The large corner lot provides ample space for expansion or the addition of new structures. Its versatile nature makes it suitable for a range of businesses, including office space, storage facilities, or even a service-oriented enterprise such as an automotive repair shop. The property's location in Woonsocket, Rhode Island, offers convenient access to major transportation routes and a thriving local community. With its considerable lot size and existing building, this property represents a rare chance to acquire a valuable asset in a desirable location. The asking price is $390,000. This is a single-unit property. Don't miss this chance to capitalize on this promising investment.

    Property Features for 471 Arnold St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1950
    Buildings
    1
    Units
    1

    HighLights

    • 1,215 SF building on a 26,572 SF lot in Woonsocket, RI.
    • Mixed‑use property with redevelopment potential.
    • Located on a large corner lot in Providence County (zip code 02895).
    • Asking price: $390,000.
    • Convenient access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mike's Auto Repair Brake Shop

    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
    -71.5160251
    Latitude
    42.0063844

    Nearby Similar for Sale

    • New
      $529,900
      0.11 Acres

      Charming Two-Unit Duplex

      Well-maintained duplex with income potential in a convenient location.
      345 Carrington Ave, Woonsocket, RI 02895
      View Details
    • $800,000
      0.13 Acres

      Turn-Key Restaurant with Apartments Above

      Mixed-use property with restaurant, apartments, and investment potential.
      350 River St, Woonsocket, RI 02895
      View Details
    • $489,000
      Pending

      Woonsocket Multifamily Property For Sale

      Well-kept two-family property in Woonsocket's North End neighborhood.
      60 Fairlawn Ave, Woonsocket, RI 02895
      View Details
    • $1,100,000
      Pending

      Woonsocket Multifamily Investment Opportunity

      Nine-unit multifamily property in prime Woonsocket location.
      3 Highland St, Woonsocket, RI 02895
      View Details
    • $555,000
      0.30 Acres

      Spacious Retail Property in Woonsocket

      4,500 SF retail property with modern amenities and ample parking.
      58 Hamlet Ave, Woonsocket, RI 02895
      View Details
    • $300,000
      0.45 Acres

      Mixed-Use Building in Opportunity Zone

      Mixed-use building with office, residential, and rehab potential.
      332 River St, Woonsocket, RI 02895
      View Details
    • $485,000
      Pending

      Renovated Two-Family Home, Woonsocket

      Well-maintained, renovated two-family home with modern finishes and great potential.
      595 Main St, Woonsocket, RI 02895
      View Details
    • $645,000
      0.09 Acres

      Renovated Three-Family Home

      Fully renovated, vacant three-family home with modern finishes.
      752 Social St, Woonsocket, RI 02895
      View Details
    • $899,000
      13,068 SF

      Mixed-Use Property: Investment Opportunity

      Seven-unit mixed-use property with expansion potential in Woonsocket, RI.
      60 Rathbun St, Woonsocket, RI 02895
      View Details
    • $900,000
      Pending

      Woonsocket Multi-Family Investment Opportunity

      Eight-unit multi-family property with expansion potential in Woonsocket, Rhode Island.
      35 Greene St, Woonsocket, RI 02895
      View Details
    • $485,000
      0.15 Acres

      Woonsocket Two-Family Home for Sale

      Well-maintained two-family home with strong rental potential in Woonsocket.
      147 Warwick St, Woonsocket, RI 02895
      View Details
    • $599,900
      0.11 Acres

      Updated Three-Family Home

      Well-maintained three-family home in Woonsocket, suitable for investors.
      604 Providence St, Woonsocket, RI 02895
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime RI location, high potential. $390,000.
    Where is this retail property located?
    The property is located at 471 Arnold St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: 1,215 SF building on a 26,572 SF lot in Woonsocket, RI.; Mixed-use property with redevelopment potential.; Located on a large corner lot in Providence County (zip code 02895).
    Request Owner's contact information
    471 Arnold St Woonsocket, RI 02895
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    471 Arnold St
    Woonsocket, RI 02895
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    471 Arnold St Woonsocket, RI 02895
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.