11 Gooding AveBristol, RI 02809

  • Showrooms
  • 3,576 SF
For Sale
$2,400 View listing

Property Details for 11 Gooding Ave

Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.72 AC
Property size (Sq ft)
3,576 SF
Zone code
GB
Property type
Showrooms
APN
BRIS M:106 L:35
APU
BRISM106L35

Description

This exceptional retail property at 11 Gooding Avenue in Bristol, Rhode Island, presents a fantastic investment opportunity. Located in a bustling area with high traffic counts, this 1,188 square foot building offers unparalleled visibility for your business. Built in 1990, the property sits on a substantial 31,232 square foot lot, providing ample space and potential for expansion or outdoor use. The single-unit building boasts extensive window space facing Gooding Avenue, ensuring maximum exposure to potential customers. The property's versatile layout is ideal for a wide range of retail businesses, including general retail, package goods stores, medical offices, bakeries, or service-oriented businesses. The asking price is $2,400. This prime location in Bristol, RI (zip code 02809) offers a unique chance to establish or expand your business in a high-traffic area with excellent visibility. The property's size and location make it an attractive option for businesses seeking to maximize their customer reach and brand awareness. The address is easily accessible and benefits from the high volume of pedestrian and vehicular traffic characteristic of this vibrant commercial area. This is a rare opportunity to secure a well-positioned retail space in a desirable Rhode Island location. Don't miss out on this chance to own a piece of Bristol's thriving commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $869,093
    6.5%
    $802,240
    7%
    $744,937
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,177,445
    Geo Method
    $1,177,445
  • Alternative Use

    Use
    Valuation
    Residential
    $676,719
    Hospitality
    $619,871
    Educational
    $515,725
    Medical
    $533,462
    Retail
    $802,240
11 Gooding Ave, Bristol, Rhode Island

Location Insight

City
Bristol
County
Bristol
State
Rhode Island
Latitude
41.6934
Longitude
-71.277
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,850
$181,000
$256,900
$437,900
-
-
-
-

FAQs

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