75 Harris Ave, Woonsocket, RI 02895-1808
This exceptional Woonsocket, Rhode Island property presents a unique investment opportunity. Located at 75 Harris Avenue, this mixed-use building sits on a substantial 30,056 square foot lot and offers a blend of commercial and residential space. Currently configured as a funeral home, the 5,334 square foot main building features four half-baths, three separate parlor areas (two of which can be combined into one large room), multiple office spaces, waiting rooms, and a finished basement room. A significant unfinished basement area and a full attic provide ample potential for expansion or repurposing. The property also includes a two-car garage with separate heating, and a detached three-car garage. Mechanical systems include two Weil-McLain boilers and three electric panels. A spacious five-bedroom, one-and-a-half-bathroom rental apartment occupies the upper rear of the building, accessible via its own entrance. This apartment boasts an open floor plan, a three-season porch, abundant natural light, and a mix of hardwood, linoleum, and carpeted floors. The property will be sold vacant. The expansive parking lot accommodates 30 or more vehicles. The exterior showcases a pleasing combination of brick and vinyl siding, complemented by professional landscaping. This property's prime location and substantial size offer numerous development possibilities, including multi-unit residential, condominium conversion, commercial expansion, or office space. The possibilities are extensive, making this a truly versatile investment opportunity. The building was constructed in 1930 and comprises two buildings across two stories. The property includes two units.
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Egidio Di Pardo & Sons Social Service Agency
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3 · 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.