120 Danielson Pike, Foster, RI 02825-1421
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
1 · Foster, RIFoster. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.