339 Woonasquatucket AveNorth Providence, RI 02911

  • Industrial properties
  • 4,696 SF
For Sale
$427,900 View listing

Property Details for 339 Woonasquatucket Ave

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.28 AC
Property size (Sq ft)
4,696 SF
Zone code
ML
Property type
Industrial properties
APN
NPRO M:11 L:252
APU
NPROM11L252

Description

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

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
2024
$6,928
$115,100
$181,600
$296,700
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