420 Social St Woonsocket, RI 02895-2013
Property profile & analytics
420 Social St, Woonsocket, RI 02895-2013
- Showrooms
- 1,734 SF
- 0.21 lot acres
Property ID
US76-0066714
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Gerard J. Bouley Field / Sports Field & Court / Sports School
- Social Pizza & Deli / Restaurant
Property Details for 420 Social St
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 0.21 lot acres
- Zone code
- C2
- Property type
- Showrooms
- APN
- WOON M:22J L:190 U:21
- APU
- WOONM22JL190U21
Description
This exceptional Woonsocket restaurant property at 420 Social Street presents a unique opportunity for culinary entrepreneurs. Formerly the Castle Restaurant, this landmark location boasts significant charm and functionality, ready for immediate operation or creative revitalization. The building offers ample space to comfortably seat 40-50 guests, complemented by a convenient take-out window catering to diverse customer preferences. Extensive parking is available on-site, accommodating approximately 15 vehicles, with additional potential for outdoor seating near Social Park, maximizing the property's appeal and capacity. Recent significant upgrades enhance the property's value and operational efficiency. These include a brand-new roof and heating system, ensuring comfort and low maintenance costs. Furthermore, over $100,000 has been invested in state-of-the-art equipment, including a walk-in freezer, cooler, and substantial basement storage, providing ample space for food preparation and inventory management. The versatile layout is adaptable to various culinary concepts, from pizza and burgers to tacos and beyond, allowing for creative freedom and customization. Situated in a high-visibility area, the property benefits from significant foot traffic and exposure to both local residents and visitors, ensuring a strong customer base. This 0.21-acre property offers a compelling combination of established infrastructure, modern upgrades, and a prime location, making it an ideal investment for those seeking a turnkey restaurant operation or a platform to launch their culinary vision. The asking price is $430,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.5059
- Latitude
- 42.0087
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,864
$65,500
$122,000
$187,500
-
$0.00
$0.00
$0.00
