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33801562
33801561

786 Providence Street, Woonsocket, RI 02895

DF
RI, MA
MG Commercial
Listed by MG Commercial
$2,100,000
1 day on market
Updated 1 day ago

786 Providence Street

Details
APN 11/E-180/2
Property Type Retail
Sub Type Shopping Center
Square Footage 15,534
Units 5
Cap Rate 5.07%
NOI $106,505
Tenancy Multi
Brand/Tenant Providence Street Liquors, L&L Laundromat (+3)
Lot Size (SqFt) 40,946
Zoning C1
Parking Spaces 74 spaces
Parking Per SqFt 4.76
Investment Type Value Add

786 Providence Street, Woonsocket, RI 02895

Marketing description

The 15,534 SF retail shopping center is located on a highly visible 1-acre corner parcel and consists of five street level retail units. Existing tenants include a liquor store, laundromat, hair salon, nail salon, and pizza restaurant. The second floor offers approximately 5,000 SF of vacant space suitable for residential or office conversion, creating a compelling value-add opportunity for an investor or owner-user. Recent capital improvements include a brand-new electrical system, new siding and windows, and a new roof.

Strategically positioned within Northern Rhode Island's highly traveled commercial corridor, the property provides outstanding visibility, strong daily traffic exposure, and convenient access to major transportation routes serving Rhode Island and Southeastern Massachusetts via Routes 99, 146, and 295.

Investment highlights

  • Shopping Center is Located on Corner Lot
  • Approx. 1 Acre Parcel
  • 74 Parking Spaces
  • Located at High Traffic, 4-Way Signalized Intersection
  • Two Curb Cuts
  • Map 11/E; Lot 180/2
  • Taxes: $25,491

Listing Contacts

DF
RI, MA
MG Commercial
Listed by MG Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$106,505.00
$8,875.42/mo

Valuation Metrics

0
DSCR
5.07%
Cap Rate
5.07%
ROI

Map

Zoning

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C-1 CommercialGeneral CommercialUrban Commercial
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Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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