Seller Financing
Address
245 Esten Avenue Pawtucket, RI
Price
$ 1,300,000
Property Attributes
  • MLS#1242950
  • TypeCommercial
  • CountyPROVIDENCE
  • CityPawtucket
  • AreaPawtucket
  • Zip02860
  • StyleCommercial
  • Year Built1900
  • Taxes12366
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage48900
  • Lot Size2.6 Acres
Listing Provided Courtesy Of:
eXp Realty
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.

Price History
12/10/2019 Listed $1,500,000
2/10/2020 14% - $1,300,000

General Features

Community Features Highway Access, Public Transportation
Construction Materials Brick
Cooling None, 1 Unit, Wall Unit(s)
Electric 3 Phase, 200+ Amp Service, Circuit Breakers, 440 Volts
Green Energy Generation Solar
Heating Central, Gas
Leasable Area 48000
Property SubType Commercial
Property Type Commercial Sale
Security Features Fire Sprinkler System
Sewer Connected, Public Sewer
Stories 2
Terms 1031 Exchange, Owner May Carry Second
Total Units 2
Utilities Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Sewer Connected, Water Connected
Water Sewer Expense 1396
Zoning Comm

Interior Features

Above Grade Finished Area 48900
Basement Partial
Furnished Y/N Unfurnished
Heating Y/N Yes

Exterior Features

Foundation Details Block, Brick/Mortar, Concrete Perimeter
Frontage Length 350
Lot Size Acres 2.6
Lot Size Area 113256
Lot Size Square Feet 113256
Number of Buildings 1
Road Frontage Type City Street
Road Surface Type Asphalt, Paved
Total Parking 200
Water Source Connected, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02860

Price
AVG $360K
$1.3M
Taxes
AVG $8,832
$12,366
Visits
AVG 13
17
Year Built
AVG 1936
1900
Walkscore
AVG 77
77
Data Provided by Walkscore ® not using MLS data

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