120 Danielson PikeFoster, RI 02825

Property Details for 120 Danielson Pike

Year built

1900

Construction

FRAME

Lot size

0.23 AC

Property size (Sq ft)

1,440 SF

Zone code

1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

FOST P:14 L:0107

APU

FOSTP14L0107

Description

This exceptional 10,019 square foot commercial property, located at 120 Danielson Pike in Foster, Rhode Island, 02825, presents a unique investment opportunity. Built in 1900, this single-building property sits on a corner lot and boasts high visibility due to its location on busy Route 6. The property includes one unit and features recently repaved parking and frontage. Inside, you'll find hardwood floors, central air and heating, a bathroom, and a fire-coded sprinkler system. The existing layout includes workstations with sinks, ideal for a variety of uses. The property's versatility allows for diverse business ventures, including but not limited to: deli, breakfast eatery, barbershop, hair salon, tattoo studio, or other retail establishments. The ample parking ensures convenient access for customers and employees. This property is ready for a new owner to envision and create their ideal business space. Its prime location and existing infrastructure make it an attractive investment with significant potential for growth and return. The property's zoning allows for a wide range of commercial uses, offering flexibility for various business models. Don't miss this chance to acquire a well-maintained, high-visibility commercial property in a thriving Rhode Island community.

• CAP approach

  CAP return

  Valuation

  6%

  $349,970

  6.5%

  $323,049

  7%

  $299,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $474,139

  Geo Method

  $474,139

• Alternative Use

  Use

  Valuation

  Residential

  $272,504

  Hospitality

  $249,612

  Educational

  $207,675

  Medical

  $214,817

  Retail

  $323,049

Location Insight

City

Foster

County

Providence

State

Rhode Island

Latitude

41.8143

Longitude

-71.7395

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].