41.861847 -71.40225

245 Esten Avenue Pawtucket, RI 02860

Cary Marcoux
Cary Marcoux
Broker Associate
610 Hartford Pike Killingly CT 06241
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258426842 41.861847 -71.40225 136 /listing/258426842-151354313/245-esten-avenue-pawtucket-ri-02860 False 0 1300000.0 101 1242950 False
  • $1,300,000
  • 245 Esten Avenue Pawtucket, RI 02860
  • 2.60 lot
  • Est payment $6978.68/mo

Property & Neighborhood Info

Courtesy Of eXp Realty

Commercial 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
  1. 2.60 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1900
  • Floors: 2
  • County: Providence
  • Taxes: $12,366.00
  • Tax Year: 2018
  • Units: 2
  • Zoning: Comm
  • MLS Number:1242950

Additional Features

  • Cooling:
    • Item1Unit
    • None
    • WallWindowUnits
  • Furnished:
    • Unfurnished
  • Inclusions:
    • tenant property excluded
  • Building Square Feet:
    • 48900
  • Construction:
    • Brick
  • Green Features:
    • Solar
  • Levels:
    • Two
  • New Construction:
    • N
  • Property Subtype:
    • Commercial
  • Basement:
    • Partial
  • Foundation:
    • Block
    • BrickMortar
    • Slab
  • Electric:
    • CircuitBreakers
    • Item200AmpService
    • Item3Phase
    • Item440Volts
  • Heating:
    • Central
    • Gas
  • Sewer:
    • Connected
    • PublicSewer
  • Utilities:
    • ElectricityAvailable
    • MunicipalUtilities
    • NaturalGasAvailable
    • NaturalGasConnected
    • WaterConnected
  • Security Features:
    • FireSprinklerSystem
  • Road Surface:
    • Asphalt
    • Paved
  • Community Features:
    • HighwayAccess
    • PublicTransportation
  • Number of Buildings:
    • 1
  • Road Frontage:
    • CityStreet
    • 350
  • Water:
    • Connected
    • Public
  • Existing Lease(s):
    • AbsoluteNet
  • Gross Income:
    • 151200
  • Lease Option:
    • Y
  • Net Operating Income:
    • 123000
  • Owner Pays:
    • ExteriorMaintenance
    • GroundsCare
    • Insurance
    • Management
    • RoofMaintenance
  • Terms:
    • Item1031Exchange
  • Sign:
    • false
  • Tenant Pays:
    • Electricity
    • Heat
    • HVACMaintenance
  • Annual Trash Expense:
    • 0
  • Cap Rate:
    • 11
  • Electric Exp:
    • 540
  • Insurance Expense:
    • 6848
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 366425236
  • Listing URL:
    • https://www.riliving.com/MLS-1242950/
  • Operating Expense:
    • 28636
  • Ownership Type:
    • LLC
  • Parcel Number:
    • 245ESTENAVPAWT
  • Possession:
    • ClosePlus30to60Days
  • Public Document Count:
    • 2
  • Water Sewer Exp:
    • 1396
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.