Property summary
A well-maintained convenience store property with approximately 2,900 square feet of retail space located in Central Falls on a high-traffic street. The building includes two front entry doors, two half bathrooms, two office spaces, safety glass, and security cameras. It is equipped with a 10-door cooler, substantial shelving, additional cold food storage, and a slushy machine, and supports the sale of lottery, cigarettes, and grocery items, including acceptance of WIC and EBT. The interior fixtures and layout are complemented by safety and lighting features, with upgrades including a newer roof, air conditioning, updated lighting, and two large illuminated exterior signs. The exterior is well lit and provides parking for seven vehicles, and the site is adjacent to a RIPTA bus stop with nearby schools and local businesses. The building is designed to be divisible if future subdivision is desired.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C-D commercial-downtown district. This zone is intended to encourage revitalization and restoration of core business areas in the city. A variety of business, financial, institutional, public, quasi - public, cultural, r…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-D · Central Falls, RIC-D commercial-downtown district. This zone is intended to encourage revitalization and restoration of core business areas in the city. A variety of business, financial, institutional, public, quasi - public, cultural, r…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C-D commercial-downtown district. This zone is intended to encourage revitalization and restoration of core business areas in the city. A variety of business, financial, institutional, public, quasi - public, cultural, r…
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