This Specialty Property is no longer advertised on LoopNet.com.
120 Spring St
Woonsocket, RI 02895
Childcare Opportunity · Specialty Property For Sale · 15,969 SF
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INVESTMENT HIGHLIGHTS
- Vacant former school constructed in the 1960s with 15,696 square feet positioned on 1.52 acres in Woonsocket, Rhode Island.
- Strategically developed in a densely populated residential neighborhood, minutes to downtown and easily accessible to RI-146, RI-99, and I-295.
- Excellent opportunity for an investor to realize value through lease-up or reposition the property or for an owner-operator to occupy the space.
- The property has undergone approximately $350,000 in CapEx, creating a great head start on renovations for a new owner.
- The area highlights strong demographics with 92,556 residents, 30,570 daytime employees, and 2,803 businesses within a five-mile radius.
- The average household income is $109,059 within a 10-mile radius, and consumers spend nearly $272 million annually on education and daycare alone.
PROPERTY FACTS
Property Type | Specialty |
Property Subtype | School |
Building Class | C |
Lot Size | 1.52 AC |
Building Size | 15,969 SF |
No. Stories | 2 |
Year Built | 1964 |
Parking Ratio | 3.5/1,000 SF |
AMENITIES
- Bus Line
LINKS
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $683,600 |
Land Assessment | $288,100 | Total Assessment | $971,700 |
ZONING
Zoning Code | R3 (Residential Zoning District) |
Listing ID: 24580606
Date on Market: 12/1/2021
Last Updated:
Address: 120 Spring St, Woonsocket, RI 02895
The Specialty Property at 120 Spring St, Woonsocket, RI 02895 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.