471 Arnold St Woonsocket, RI 02895-2945
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.
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Mike's Auto Repair Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Woonsocket, RIWoonsocket. 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.