Property summary
This exceptional commercial property, located at 471 Arnold Street in Woonsocket, Rhode Island, presents a compelling investment opportunity. The building encompasses 1,215 square feet and sits on a sizable 0.65-acre lot, offering significant versatility. Its prominent corner lot location provides excellent visibility and accessibility. The existing structure presents a blank canvas for a variety of commercial uses. Imagine transforming this space into modern office suites, a secure storage facility, or even a thriving automotive service center. The substantial lot size allows for ample parking and potential expansion. The property's location within Woonsocket offers convenient access to major transportation routes and a diverse local market. This is an ideal opportunity for an investor seeking a high-return property with significant upside potential. The asking price of $389,900 reflects the property's strong value proposition and the potential for substantial future appreciation. The size of the lot and the building's adaptable nature make this a truly unique investment opportunity in a desirable Rhode Island location. Don't miss the chance to acquire this versatile commercial property and capitalize on its considerable potential. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R4 · Woonsocket, RIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight