Property profile

0 Clinton St Woonsocket, RI 02895

OFF-MARKET
Retail properties & Spaces
1 SF 1.19 ac lot
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Property summary

AI-generated overview

This exceptional 1.19-acre commercial land parcel in Woonsocket, Rhode Island, presents a unique investment opportunity. Located on Clinton Street in Providence County, zip code 02895, the property boasts a prime location along the Blackstone River and is zoned C-2, designating it for major commercial development. Currently utilized as a community garden, this versatile site offers significant potential for redevelopment. The C-2 zoning allows for a wide range of commercial uses, making it suitable for various projects. Note that a flood control easement and associated dike traverse the property. The property's riverfront location provides a picturesque setting and could be leveraged for projects that complement the natural environment. Annual property taxes are a modest $350.19. The site's size and zoning make it ideal for a variety of commercial ventures, offering a compelling opportunity for investors seeking a strategically located property in a growing area. While the square footage is listed as 1, this refers to the existing structure, and the primary value lies in the significant land area. This is a rare chance to acquire a substantial riverfront parcel in a desirable location with significant development potential. Further due diligence is recommended to explore all possible uses and development options.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 1.19 ac (51,836 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Clinton St Woonsocket, RI 02895
Woonsocket metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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