786 Providence St Local commercial 1 443 m² 100 % Loué À vendre Woonsocket, RI 02895 1 840 062 € (1 275,03 €/m²) Taux de capitalisation 5,07 %

This retail shopping center offers a rare investment opportunity in Northern Rhode Island’s active commercial corridor. Strategically located on a highly visible corner lot along Providence Street, the 15,534 SF property consists of five street-level retail units, complemented by 5,000 SF of vacant upper-floor space suitable for conversion to residential or office use. Recent upgrades—including new siding, windows, electrical system, and roof—enhance value and reduce capital expenditure risk for investors.
Positioned at a busy four-way signalized intersection, the center benefits from dual curb cuts and extensive street frontage, ensuring strong traffic counts and customer access. The 1-acre parcel with 74 parking spaces serves current tenants such as a laundromat, nail salon, and restaurant, generating stable income and offering upside through redevelopment of the second floor. With convenient connectivity to Routes 99, 146, and 295, plus proximity to Massachusetts business hubs, this property combines location strength with future growth potential.