41.861847 -71.40225

245 Esten Avenue Pawtucket, RI 02860

RE/MAX Bell Park Realty
RE/MAX Bell Park Realty
(860) 774-7600
610 Hartford Pike Killingly CT 06241
no name available RE/MAX Bell Park Realty
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258426842 41.861847 -71.40225 136 /listing/258426842-151502762/245-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....$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.

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