CCertihomes
382 Woodruff, South Kingstown, RI 02879

$685,000

0 beds 2 baths 1,338 sqft Built 1920Active

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$4,746/mo

Real estate (PITI + HOA + PMI)
$4,337
Principal + interest$3,107
Property tax + insurance$973
PMI / 2nd mortgage$257
Utilities
$874
Heating + cooling$284
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$134
Car insurance + maintenance$134
Other (entertainment)
$140
$4,746/mo TLC
Budget$5,246/mo
Remaining after TLC$500/mo
Purchase price
$685,000
Down payment
$34,250 (5%)
Loan amount
$650,750
APR
4%

Quick facts

Type
Residential
Style
Year built
1920
Lot size
0.0704 ac
Stories
0
Heating
Oil, Baseboard
Cooling
Wall Unit(s)
Water
Public
HOA
Annual tax
$3,680
MLS #
1358918
County
Washington

Home features

Appliances
Electric Water Heater
Interior
Walls: Dry WallInsulation: FloorsWalls
Parking
No Garage
Fireplace
None
Flooring
Hardwood, Laminate
Sewer
Public

Neighborhood — 02879

MetricThis ZIPCountyUSA
Population19,4401,095,423299,088,112
Population Change Since199025.00%9.00%20.00%
Population Density446994
Male9,384529,266147,432,321
Female10,057566,157151,655,844
Never Married4,290266,40463,775,926
Married8,694435,678123,120,365
Separated44343,64212,639,686
Widowed1,16066,66815,467,586
Divorced1,58083,84323,075,029
Number Of House Hold7,141410,399111,826,380
Average House Hold Size2.692.562.60
Medial Age41.0537.2735.46
Median House Hold Income$62,532$47,553$48,276
Average House Hold Income$83,621$61,609$63,629
P C I$30,999$23,965$24,529
M D I$51,687$40,634$41,133
A T H E$62,178$49,940$50,898
S T R7.00%7.00%
W C J80.62%78.02%77.74%
(Zip) Code
2879

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/11/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

382 Woodruff · South Kingstown — $685,000 · Certihomes