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382 Woodruff Avenue South Kingstown

$629,000
0.2 1,338 sq ft

The Property

Introducing a truly exceptional opportunity nestled in a charming residential neighborhood: an incredibly unique long-term hair salon with unparalleled potential. Boasting over 20 parking spaces, this property offers convenience and accessibility rarely found in such a prime location.

Strategically positioned just steps away from downtown amenities, including vibrant markets and delightful ice cream shops, this salon is not only a destination for beauty but also a hub of community engagement. Its proximity to the bike path adds to its allure, inviting patrons to easily integrate self-care into their daily routines.

With zoning that sets it apart from the ordinary, this property opens doors to a myriad of possibilities. Imagine the potential for expansion or diversification, subject to town approval, with the prospect of transforming this space into two distinct buildings to further enhance its value and functionality.

A true gem in the heart of the neighborhood, this property presents a rare opportunity to acquire a business that has stood the test of time, having not traded hands in over 30 years. And with the beach just a short drive away, the lifestyle amenities are endless, making this investment an irresistible proposition for savvy entrepreneurs and visionaries alike.

One would have to get approval from the town to convert to a single family property and make any necessary changes to the building per single family code.

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Listing Details

MLS Number

1369307

Lot Size:

0.07 acres

Features

  • Vinyl Siding
  • Heating: Baseboard
  • Heating Fuel: Oil
  • Type: Other
  • Year Built: 1920

Market Trends for Single Family Homes
in South Kingstown

  • Overview
    Homes for Sale Today60-94.9% decrease in inventory
    New on Market *25100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$588.45$105 increase in List Price/Sq.Ft.
    Avg. Sale Price *$630,980$201,703 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.53%-2.5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$489.85$54 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8528 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Edge Realty RI

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