Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

426 Cass Ave Woonsocket, RI 02895-4725

  • Showrooms
  • 1,518 SF
  • 0.22 lot acres
OFF-MARKET
Last Sale
Jan 30, 2023
$325,000
Value Estimations
$340,000
Show details
Cap Rate Potential
5.2%
Showrooms
Location Intelligence
Property ID
US76-0027312
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.

Current Use by Public Records

  • Cass ave market &deli / Convenience Store
  • Gustitos Café LLC / Mexican Restaurant / Spanish Restaurant

Property Details for 426 Cass Ave

Year built
1952
Construction
FRAME
Lot size
0.22 lot acres
Property size
1,518 SF
Zone code
MU1
Property type
Showrooms
APN
WOON M:39F L:100 U:25
APU
WOONM39FL100U25

Description

This exceptional commercial property at 426 Cass Avenue in Woonsocket, Rhode Island, presents a unique investment opportunity. The 1,102 square foot building sits on a 0.22-acre lot and includes a thriving, well-established restaurant business. The sale includes all existing equipment, a valuable liquor license, and the building itself. Recent renovations have modernized the property throughout, ensuring a move-in ready condition for the new owner. The restaurant boasts a convenient drive-through window and outdoor seating, catering to a wide range of customer preferences. A full basement provides substantial storage space, adding to the property's practicality. The strategic location on a busy street offers high visibility and convenient access to Cass Park, a local hospital, and a high school, ensuring a consistent flow of potential customers. Ample paved parking is available on-site, enhancing customer convenience. While currently operating as a successful restaurant, the property's versatility allows for a variety of alternative commercial uses, making it an adaptable and valuable asset. The property's strong performance and prime location make this a compelling investment opportunity. The asking price is $675,900.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $340,000
    ML approach
    $330,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $360,000
    6.5%
    $330,000
    7%
    $305,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $281,000
    Market price range: $90.0k - $281k
    AI Estimate
    $213,000
    Market price range: $76.5k - $213k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Woonsocket
County
Providence
State
Rhode Island
Longitude
-71.4913
Latitude
42.006
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
$4,747
$57,600
$125,400
$183,000
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message