100 Address Withheld St Woonsocket, RI 02895
- Warehouses
- 12,500 SF
- 2.27 lot acres
Current Use by Public Records
- Warehouses
Property Details for 100 Address Withheld St
- Lot size
- 2.27 lot acres
- Property size
- 12,500 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional mixed-use property in Woonsocket, Rhode Island presents a compelling investment opportunity. Located at 100 Address Withheld St, 02895, this 2.27-acre site boasts 12,500 square feet of net rentable space across four buildings, offering flexible configurations suitable for various commercial uses. The property features a 15-foot ceiling height, ample parking for 40 vehicles, and is zoned for mixed use (MU), allowing for a wide range of development possibilities. Currently listed at $1,900,000, this represents a remarkable $152 per square foot price point and a strong 15% capitalization rate. Situated conveniently near Route 146 and Interstate 295, this location benefits from high visibility and accessibility, with an average daily traffic count exceeding 17,000 vehicles. The property is connected to three-phase power and is designated as a Qualified Opportunity Zone, providing substantial tax advantages for investors. This prime real estate presents a rare chance to acquire a versatile property with significant upside potential in a thriving location. The existing structures offer over 12,500 square feet of covered space, providing immediate income potential or a solid foundation for redevelopment. The NNN lease structure minimizes landlord responsibilities. Don't miss this chance to capitalize on this exceptional investment opportunity.
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
- -71.513
- Latitude
- 41.9996
