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245 Esten AVE Pawtucket, RI 02860
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Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 48,900 sqft
Price per Sqft $21
MLS Listing ID 1242950
Year Built 1900
Annual Tax Amount $12,366
Tax Year 2018
Lot Size 2.600 Acres
Property Sub-Type Commercial
Property Description
Are you looking for a Cash Flow as Both an Investment or Owner User Property....$10,000 a month NET INCOME Before your Debt service!! This approx. 48,900 square foot building currently has a Net Operating Income of approx. $156,000. (Gross Annual Revenue approx. $156,000, seller expenses approx. $36,000 ) . 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.
Location
State RI
County Providence
Zoning Comm
Interior
Heating Central, Gas
Cooling None, 1 Unit, Wall Unit(s)
Exterior
Community Features Highway Access, Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Sewer Connected, Water Connected
Building
Building Description Brick, Public Restrooms
Story 2
Foundation Block, Brick/Mortar, Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Brick
New Construction No
Others
Acceptable Financing 1031 Exchange, Owner May Carry Second, Trade
Listing Terms 1031 Exchange, Owner May Carry Second, Trade
Read Less
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Bought with eXp Realty
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