120 Danielson Pike Foster, RI 02825-1421
- Showrooms
- 1,440 SF
- 0.23 lot acres
Current Use by Public Records
- Showrooms
Property Details for 120 Danielson Pike
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.23 lot acres
- Property size
- 1,440 SF
- Zone code
- 1
- Property type
- Showrooms
- APN
- FOST P:14 L:0107
- APU
- FOSTP14L0107
Description
This exceptional 10,019 square foot commercial property, located at 120 Danielson Pike in Foster, Rhode Island, 02825, presents a unique investment opportunity. Built in 1900, this single-building property sits on a corner lot and boasts high visibility due to its location on busy Route 6. The property includes one unit and features recently repaved parking and frontage. Inside, you'll find hardwood floors, central air and heating, a bathroom, and a fire-coded sprinkler system. The existing layout includes workstations with sinks, ideal for a variety of uses. The property's versatility allows for diverse business ventures, including but not limited to: deli, breakfast eatery, barbershop, hair salon, tattoo studio, or other retail establishments. The ample parking ensures convenient access for customers and employees. This property is ready for a new owner to envision and create their ideal business space. Its prime location and existing infrastructure make it an attractive investment with significant potential for growth and return. The property's zoning allows for a wide range of commercial uses, offering flexibility for various business models. Don't miss this chance to acquire a well-maintained, high-visibility commercial property in a thriving Rhode Island community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $150,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $130,000
- Geo Method
- $145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $160,000
- Retail
- $125,000
- Mixed-Use
- $145,000
- Hospitality
- $145,000
- Educational
- $125,000
- Residential Income
- $125,000
- Energy
- $165,000
- Income-Based Land
- $150,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Foster
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.7395
- Latitude
- 41.8143
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA