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263 Social St
Woonsocket, RI 02895

Long-Term Rent-A-Center Anchored Retail Strip · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Distinct geometric style architecture retail center comprised of 13,824 square feet in the retail hub of Woonsocket, RI.
  • This cash-flowing asset offers investors the opportunity to implement updates to capture market rents and significant upside.
  • The area has seen a steady population growth with 94,343 people living within five miles of the property who earn a median income of $70,084.
  • Anchored by Rent-A-Center, the retail strip is 93% occupied by diverse mix of long-term tenants.
  • Sits on a 2.20-acre lot surrounded by national retailers and restaurants such as CVS Pharmacy, Dollar Tree, Family Dollar, Dunkin, and Burger King.
  • Convenient to major cities, Woonsocket offers residents access to big-city indulgences as well as suburban delights.

PROPERTY FACTS

Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,824 SF
Building Class
B
Year Built
1975
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.20 AC
Zoning
C2
Parking
140 Spaces (10.13 Spaces per 1,000 SF Leased)
Frontage
163 FT on Social St.

AMENITIES

  • Bus Line
  • Property Manager on Site
  • Pylon Sign
  • Signage

PROPERTY TAXES

  • Listing ID: 26169455

  • Date on Market: 7/14/2022

  • Last Updated:

  • Address: 263 Social St, Woonsocket, RI 02895