Main St Woonsocket, RI 02895
- Commercial real estate
- 0.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Main St
- Year built
- 1870
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a mixed-use property ideally situated in the heart of downtown Woonsocket, Rhode Island. The property encompasses a total of nine units, strategically divided into six residential units and three commercial units, all currently occupied, generating immediate and consistent income. The entire complex is comprised of four separate buildings, all situated on a conveniently sized 0.34-acre lot. Its prime location offers unparalleled access to a vibrant array of local amenities, including the renowned Stadium Theatre, a diverse selection of restaurants, and thriving breweries, ensuring high demand and strong rental potential. The property's current high occupancy rate speaks volumes about its desirability and the consistent revenue stream it provides. This is a turnkey investment ready to generate immediate returns for a savvy investor. The property's solid construction and established tenant base make it a low-risk, high-reward opportunity. This is a rare chance to acquire a well-established, income-producing mixed-use property in a thriving downtown area. The property is priced at $900,000 and offers significant potential for future appreciation and growth. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.5127
- Latitude
- 42.006
