534 Elm St Woonsocket, RI 02895-3508
- Investment properties
- 5,404 SF
- 0.10 lot acres
Current Use by Public Records
- Verified barbershop LLc / Hair Salon / Barber Shop
Property Details for 534 Elm St
- Year built
- 1930
- Construction
- FRAME
- Lot size
- 0.10 lot acres
- Property size
- 5,404 SF
- Zone code
- MU1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- WOON M:36C L:246 U:23
- APU
- WOONM36CL246U23
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $480,000
- 6.5%
- $510,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $400,000
- Mixed-Use
- $510,000
- Hospitality
- $425,000
- Educational
- $465,000
- Residential Income
- $445,000
- Energy
- $400,000
- Income-Based Land
- $480,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4942
- Latitude
- 42.0078
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA