711 Front St Woonsocket, RI 02895
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 711 Front St
- Year built
- 2004
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional retail property, located at 711 Front Street in Woonsocket, Rhode Island, presents a fantastic opportunity for a new restaurant or bar owner. The property, known as Heritage Place, boasts a prime location on a busy corner, surrounded by a mix of office, retail, and residential buildings, ensuring high visibility and foot traffic. Built in 2004, this three-story building sits on a substantial 47,480 square foot lot and includes three separate buildings. The restaurant space itself is a ready-to-move-in location, previously operating as a coffee shop. The interior features a welcoming entryway with counters and ample space for dining tables. A fully equipped prep area, complete with freezers and coolers, is ready for immediate use. A convenient drive-thru window adds to the operational efficiency. A significant advantage is the inclusion of a full basement, offering approximately 1,000 square feet of additional storage or expansion space. Outdoor seating is also available, providing an attractive option for customers. The property also features a large parking area, a significant benefit for both staff and patrons. Its close proximity to downtown Woonsocket further enhances its appeal. The asking price for this turnkey operation is $20 million. This property is a single-unit retail space.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.517
- Latitude
- 41.9966
