339 Woonasquatucket Ave, North Providence, RI 02911
For Sale
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This exceptional North Providence property, located at 339 Woonasquatucket Avenue, offers 3,726 square feet of versatile space on a 12,300 square foot lot. Built in 1980, the single-building structure is currently gutted, presenting a blank canvas for a wide range of commercial ventures. Zoned ML, it's approved for multiple uses, including automotive repair, religious services, recreational facilities, multi-family dwellings, offices, and light manufacturing. Detailed plans are available for the conversion into either six one-bedroom units or five two-bedroom units; the seller will even obtain necessary permits for the buyer. The building boasts ceiling heights ranging from 10 to 18 feet, providing ample space and flexibility. Ample parking is available in both the front and rear, accommodating approximately 12 to 15 vehicles. This property presents a unique opportunity to create a thriving business in a desirable location. Priced at $427,900, this is a must-see for savvy investors seeking high-return potential.
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
ML · North Providence, RINorth Providence. 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.