41.861847 -71.40225
$1,300,000
Active
48,900Sqft
113,256Lot Size
Commercial/Business in Pawtucket
Are you looking for a Cash Flow as Both an Investment or Owner User Property? This approx. 48,900 square foot building currently has a Net Operating Income of approx. $123,000. (Gross Annual Revenue approx. $152,000, seller expenses approx. $29,000 ) . There are currently 7 tenants...........all tenant at will except the dog groomer. Mixed use building........retail, light manufacturing, meeting space, sports complex..................a variety of uses!! POTENTIAL REALISTIC Net Operating Income is over $200,000. as rents are Below market values. Seven tenants currently, all TAW expect one lease which expires 2021. Property consists of 2.6 acres, and it is expandable. Excellent location next to Interstate 95. Property is an excellent value, offered for sale at only $30,00 per square foot! SEE ATTACHMENTS FOR INCOME AND EXPENSES AND A COPY OF THE PUBLIC RECORD AND BUILDING DIMENSIONS.Many possibilities!! EASY to see. Possible some owner financing.
Courtesy Of eXp Realty

Main Features

  • Listing Status: Active
  • Year Built: 1900
  • County: Providence
  • Taxes: $12,366.00
  • Zoning: Comm
  • MLS Number:1242950

Additional Features

  • Zoning:
    • Comm
  • Cooling:
    • Individual Unit
    • None
    • Wall Unit
  • Energy Features:
    • Solar
  • Furnished:
    • 0
  • Inclusions:
    • tenant property excluded
  • Building Description:
    • Brick
  • Building Features:
    • Restrooms
    • Sprinklers
  • Loading Dock:
    • 9-11 Ft
    • Ground Level
    • Truck Level
  • Location:
    • Free Standing
    • Suburban
  • Type:
    • Light Industrial
  • Basement Details:
    • Partial
  • Foundation:
    • Brick
    • Cement Block
    • Concrete
  • Acres:
    • 2.60
  • Frontage:
    • 350
  • Site Description:
    • Paved
  • Close To:
    • Bus
    • Highway Access
    • Interstate
  • Electric:
    • 200 Amps
    • 3 Phase
    • 440 Volts
    • Circuit Breaker
    • Individual Meter
  • Heating System:
    • Central Heat
    • Gas Connected
    • Gas on Gas
  • Sewer:
    • Connected
    • Municipal
    • Public Connected
  • Utilities:
    • 3-Phase Electric
    • Gas
    • Gas Connected
    • Municipal Water
  • Number of Buildings:
    • 1
  • Road:
    • Blacktop
    • Municipal
  • Water:
    • Connected
    • Public Connected
  • Existing Lease(s):
    • Absolute Net
  • Financing Source:
    • Property Manager
  • Owner Pays:
    • Exterior Maintenance
    • Grounds Care
    • Insurance
    • Management
    • Roof Maintenance
    • Sewer
    • Snow Removal
    • Taxes
    • Water
  • Tenant Pays:
    • Air Conditioner
    • Electric
    • Heat
    • HVAC Maintenance
  • Above Grade SQFT:
    • 48900
  • Annual Trash Expense:
    • 0.00
  • Building Levels:
    • 2
  • Cap Rate:
    • 11.00
  • Electric Exp:
    • 540.00
  • Gross Expenses:
    • 28636.00
  • Insurance Expense:
    • 6848.00
  • Inventory Expenses:
    • 0.00
  • Labor Information:
    • Non-Union
  • Leasable Area:
    • 48000
  • Lease Assignable:
    • Y
  • Lease Considered:
    • Y
  • Lease Renewal Option:
    • Y
  • Lot Size Sq Ft:
    • 113256
  • Maintenance Exp:
    • 0.00
  • Minimum Space Leased:
    • 2000.0000
  • New Taxes Expense:
    • 12366.00
  • Onsite Parking Spaces:
    • 200
  • Operating Expense:
    • 28636.0000
  • Ownership Type:
    • LLC
  • Total Parking Spaces:
    • 200
  • Use Type:
    • Industrial
  • Vacancy Allowance:
    • 10
  • Water Sewer Exp:
    • 1396.00
eXp Realty
eXp Realty
(888) 315-3445
275 West Natick Road Suite 203 Warwick RI 02886
eXp Realty eXp Realty
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