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    711 Front St Woonsocket, RI 02895

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    711 Front St Woonsocket, RI 02895


    • Retail properties & Spaces
    Off-Market

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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 711 Front St

    Year built
    2004
    Property type
    Retail properties & Spaces
    Property subtype
    Bars & Pubs

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.517
    Latitude
    41.9966
    More about this property
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