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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

963-969 Victory Hwy Burrillville, RI 02839

5,015 SF 0.32 ac lot Built 1945
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 5,015 square foot, fully occupied, multi-tenant storefront property located at 963-969 Victory Hwy, Burrillville, RI 02839. The property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $64,675. The anchor tenant is the United States Post Office, which recently signed a five-year lease extension, providing exceptional security and stability. This two-story building, constructed in 1945, sits on a 0.32-acre lot and features a diverse tenant mix including a post office, apartment, office, and garage. The property is offered fee simple and benefits from its location within the Providence MSA, a thriving market with robust employment in healthcare, education, and government sectors. Major employers in the area include Lifespan Health System, Brown University, Rhode Island Hospital, and Amica Mutual Insurance, contributing to low vacancy rates and strong demand for commercial properties. Ongoing developments further enhance the area's economic growth potential. The property's APN is BURR M: 196 L:011. This is a rare opportunity to acquire a secure, high-performing investment property with a government-backed lease.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1945
Total area 5,015 SF
Lot 0.32 ac (13,939 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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