534 Elm StWoonsocket, RI 02895

Property Details for 534 Elm St

Year built

1930

Construction

FRAME

Lot size

0.10 AC

Property size (Sq ft)

5,404 SF

Zone code

MU1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

WOON M:36C L:246 U:23

APU

WOONM36CL246U23

Description

This exceptional 810-square-foot executive office space is ideally situated at 534 Elm Street in Woonsocket, Rhode Island, zip code 02895. The property, a three-story building, offers a single-tenant occupancy within a retail and office complex. The building itself sits on a 4,356-square-foot lot and features convenient on-site parking, although the number of spaces is currently zero. The interior boasts a spacious open layout, perfect for a variety of business configurations. A private bathroom and a separate, private office in the rear add to the functionality and privacy of the space. The property's location on a busy street in East Woonsocket provides excellent visibility and accessibility. Its proximity to major roadways ensures easy highway access, and the nearby Landmark Medical Center further enhances its appeal. The flexible zoning allows for a wide range of business types, making this an attractive opportunity for entrepreneurs and established businesses alike. This single-suite building presents a unique chance to establish a thriving business in a highly desirable location. Schedule a viewing today to explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $893,443

  6.5%

  $824,716

  7%

  $765,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $706,087

  Geo Method

  $706,087

• Alternative Use

  Use

  Valuation

  Residential

  $1,022,648

  Hospitality

  $936,740

  Educational

  $779,357

  Medical

  $806,160

  Retail

  $1,212,333

Location Insight

City

Woonsocket

County

Providence

State

Rhode Island

Latitude

42.0078

Longitude

-71.4942

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].