415 Arnold St Woonsocket, RI 02895
- Commercial real estate
- 0.17 lot acres
Current Use by Public Records
- Friendly Market / Grocery Store
- Asian Fresh Produce Market / Grocery Store
Property Details for 415 Arnold St
- Lot size
- 0.17 lot acres
- Zone code
- R4
- Property type
- Commercial real estate
- APN
- WOON M:14T L:332 U:1
- APU
- WOONM14TL332U1
Description
This exceptional retail grocery market, situated at 415 Arnold Street in Woonsocket, Rhode Island, presents a lucrative investment opportunity. Priced at $619,900, this fully operational business includes all existing equipment, eliminating the need for significant upfront capital expenditures. The property sits on a 0.17-acre lot and offers a spacious retail area designed to optimize customer flow and sales. Ample storage space is located in the rear of the building, ensuring efficient inventory management. The business boasts a proven track record of profitability, making it an attractive prospect for experienced entrepreneurs or investors seeking a ready-to-go commercial venture. This turnkey operation requires minimal setup and allows for immediate revenue generation. The existing infrastructure and equipment are in place, minimizing initial investment and maximizing return on investment. The location in Woonsocket provides access to a well-established customer base, contributing to the consistent profitability of the business. This is a rare opportunity to acquire a thriving retail business with significant growth potential. Serious inquiries are encouraged to explore this exceptional offering further. The property is ready for immediate occupancy and transfer of ownership. All aspects of the business are included in the sale price, making this a truly turnkey operation. Don't miss this chance to own a profitable and established business in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $355,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $360,000
- Mixed-Use
- $370,000
- Hospitality
- $330,000
- Educational
- $430,000
- Residential Income
- $415,000
- Energy
- $340,000
- Income-Based Land
- $460,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.5166
- Latitude
- 42.0059
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA