This exceptional North Providence property, located at 339 Woonasquatucket Avenue, offers 3,726 square feet of versatile space on a 12,300 square foot lot. Built in 1980, the single-building structure is currently gutted, presenting a blank canvas for a wide range of commercial ventures. Zoned ML, it's approved for multiple uses, including automotive repair, religious services, recreational facilities, multi-family dwellings, offices, and light manufacturing. Detailed plans are available for the conversion into either six one-bedroom units or five two-bedroom units; the seller will even obtain necessary permits for the buyer. The building boasts ceiling heights ranging from 10 to 18 feet, providing ample space and flexibility. Ample parking is available in both the front and rear, accommodating approximately 12 to 15 vehicles. This property presents a unique opportunity to create a thriving business in a desirable location. Priced at $427,900, this is a must-see for savvy investors seeking high-return potential.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$888,667
Hospitality
$814,014
Educational
$677,250
Medical
$700,542
Retail
$1,053,500
Location Insight
City
North Providence
County
Providence
State
Rhode Island
Latitude
41.8451
Longitude
-71.4766
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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