6-40 Gooding Ave Bristol, RI 02809
The Bristol Shopping Center, located at 6-40 Gooding Avenue in Bristol, Rhode Island (zip code 02809), offers a unique retail investment opportunity. This 80,000 square foot shopping center, built in 1990, features a variety of spaces suitable for various retail businesses. Currently, there are three suites available, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 2,800 square feet. A total of 5,200 square feet is currently vacant. The property sits on a 1.8-acre lot and provides "plenty of storefront parking" for customers. The center's configuration includes inline, end-cap, and potential pad site options. There's a significant opportunity for a ground lease on up to 1.8 acres of cleared, level land. Additionally, the property presents potential for future pad sites at the front, ideal for restaurants with drive-thru capabilities. This location in Bristol County offers excellent visibility and accessibility for businesses seeking a strong presence in this thriving Rhode Island community. The property is categorized as a retail shopping center/strip center with multiple tenancies.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.