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Property profile & analytics
OFF-MARKET
Showrooms

982 Willett Ave Riverside, RI 02915-2034

918 SF 0.13 ac lot Built 1965
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US76-0115320
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 982 Willett Avenue in East Providence, Rhode Island, presents a compelling investment opportunity. The 5,663 square foot lot is zoned C1 and boasts a single-story, 1965-built structure. While the building itself is included in the sale, the focus is on the land's potential for redevelopment or continued use as a commercial property. The existing building offers approximately 1400 square feet of space, divided between two levels. The upper level features high cathedral ceilings and large east-facing windows, providing ample natural light, suitable for various retail uses such as a salon, café, or shop. The lower level, accessed via a separate entrance, includes private rooms ideal for offices or wellness services, complete with laundry and bathroom facilities. The property benefits from a highly visible location on State Route 103, within a neighborhood characterized by strong foot traffic and a diverse range of surrounding businesses. Fifteen parking spaces are available on the property, adding significant convenience for potential tenants or customers. The property is offered at $520,000. The zip code is 02915.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 918 SF
Lot 0.13 ac (5,828 SF)
Zoning code C2
APN EPRO M:513 B:25 L:003 U:
UPID US76-0115320
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
  • Soiree Salon & Spa Hair Salon
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
982 Willett Ave LLC
982 Willett Ave LLC
since 2026
5 recorded transactions
2026
$350,000
2017
Price N/A
2016
$210,000
1989
$150,000
1969
Price N/A
Zoning & alternative use
C2 · Riverside, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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