100 Address Withheld StWoonsocket, RI 02895

Property Details for 100 Address Withheld St

Lot size

2.27 AC

Property size (Sq ft)

12,500 SF

Property type

Industrial properties

Property subtype

Other warehouses

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.

Location Insight

City

Woonsocket

County

Providence

State

Rhode Island

Latitude

41.9996

Longitude

-71.513

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