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Property profile & analytics
OFF-MARKET
Investment properties

534 Elm St Woonsocket, RI 02895-3508

5,404 SF 0.1 ac lot Built 1930
Entity Owned 6-yr Hold
Property ID
US76-0067035
Property summary
AI-generated overview

This exceptional 810-square-foot executive office space is ideally situated at 534 Elm Street in Woonsocket, Rhode Island, zip code 02895. The property, a three-story building, offers a single-tenant occupancy within a retail and office complex. The building itself sits on a 4,356-square-foot lot and features convenient on-site parking, although the number of spaces is currently zero. The interior boasts a spacious open layout, perfect for a variety of business configurations. A private bathroom and a separate, private office in the rear add to the functionality and privacy of the space. The property's location on a busy street in East Woonsocket provides excellent visibility and accessibility. Its proximity to major roadways ensures easy highway access, and the nearby Landmark Medical Center further enhances its appeal. The flexible zoning allows for a wide range of business types, making this an attractive opportunity for entrepreneurs and established businesses alike. This single-suite building presents a unique chance to establish a thriving business in a highly desirable location. Schedule a viewing today to explore the possibilities.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Construction FRAME
Total area 5,404 SF
Lot 0.1 ac (4,206 SF)
Zoning code MU1
APN WOON M:36C L:246 U:23
UPID US76-0067035
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Verified barbershop LLc Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Providence Re Group LLC · 6 yrs held
Providence Re Group LLC
since 2020
Last sale
$439,000
7 recorded transactions
2023
Price N/A
2022
Price N/A
2020
$439,000
2017
Price N/A
2017
Price N/A
2017
$240,000
2017
$248,138
Zoning & alternative use
MU1 · Woonsocket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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