You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Showrooms

548 Willett Ave Riverside, RI 02915-2656

1,822 SF 0.48 ac lot Built 1960
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US76-0039427
Property summary
AI-generated overview

This exceptional retail property, located at 548 Willett Ave in East Providence, Rhode Island, presents a unique owner-user investment opportunity. The 1,822 square foot building, currently operating as a successful convenience and grocery store, sits on a spacious 20,834 square foot lot. Built in 1960 and recently updated two years ago, the property boasts ample parking, a significant advantage in a high-traffic area. The building is zoned R3, offering flexibility for potential future uses. The asking price is $599,900, translating to $329.25 per square foot. This represents a strong value proposition in the competitive East Providence market. The property's history as a thriving convenience store demonstrates its proven ability to generate revenue. Its convenient location and substantial parking make it an attractive option for both established businesses and new ventures. The property's recent updates ensure it's ready for immediate occupancy and continued success. Serious inquiries are encouraged to schedule a viewing and explore this promising investment opportunity. The property is situated in Providence County, Rhode Island, with a zip code of 02915.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1960
Construction CONCRETE
Total area 1,822 SF
Lot 0.48 ac (20,835 SF)
Zoning code R3
APN EPRO M:512 B:04 L:006 U:
UPID US76-0039427
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
  • ATM Atm
  • Riverside food mart Grocery & Convenience Store
  • Sonny's Convenience Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Castillo Realty INC · 5 yrs held
Castillo Realty INC
since 2020
Last sale
$315,000
3 recorded transactions
2020
$315,000
2019
Price N/A
2017
$200,000
Zoning & alternative use
R3 · Riverside, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 548 Willett Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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