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    Versatile Industrial Manufacturing Building Title is generated by Realmo AI

    10 Alcazar Avenue, Johnston, RI 02919

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    Claim this Listing
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    For Sale
    $575,000

    COMMERCIAL - Johnston, RI

    Property size:
    5,292 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $108/SF
    Added:
    Jun 16, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 17 at 5:06 am

    Property Features for 10 Alcazar Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking
    20
    Interior features
    Ceiling Height (9 to 12 Ft)
    Basement
    Full
    Standard status
    Active
    Size
    5,292 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7185

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1975
    Floors in Building
    1
    Number of units
    1
    Building materials
    Masonry

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    Listing Contact
    Paul Harrison

    Listing agent Paul Harrison License #RES.0042365

    Listing office Re/Max Properties 696 Douglas Pike, SMITHFIELD, RI

    Listing date Jun 16, 2026

    MLS# 1415567

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 5,292+/- SF of manufacturing/industrial space
    • Masonry construction with 9 to 12 ft ceiling height
    • Heating: forced air; cooling: central air
    • Updated roof for added durability and reduced near‑term capital expense
    • Functional layout suitable for light manufacturing, fabrication, warehouse, or contractor use
    • Year built: 1975

    Overview

    This well-maintained industrial property offers approximately 5,292+/- SF of manufacturing/industrial space designed to support a variety of light industrial uses. The building includes an updated roof, which can help reduce near-term capital expense and supports long-term durability. With a functional internal layout, the space is positioned for activities such as light manufacturing, fabrication, warehouse operations, or contractor-related use.

    The property is located at 10 Alcazar Avenue in Johnston, Rhode Island. It is described as conveniently located near major highways, providing practical access for regional transportation and logistics.

    For owner-users, the combination of a flexible industrial layout and a recently updated roof can support day-to-day operations without the need for immediate roofing work. For investors, the asset offers a versatile industrial configuration that may align with a range of light manufacturing, fabrication, and warehouse-tenancy needs, subject to buyer and tenant requirements.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $39.7k $7.50
    − Vacancy −$238 −$0.05
    EGI $39.5k $7.46
    − OpEx −$5.9k −$1.12
    NOI $33.5k $6.34
    5,292 SF · lease $7.50/SF/yr · vacancy 0.60% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $479.1K
    $419.2K – $558.9K (±1% cap)
    NOI $33,534 @ 7.0% cap · market cap 5.83%
    Second Best
    Industrial
    $394.5K
    $345.2K – $460.3K (±1% cap)
    NOI $27,616 @ 7.0% cap · market cap 4.80%
    Theoretical Best
    Multifamily LT 5
    $1.26M
    $1.10M – $1.47M (±1% cap)
    NOI $88,114 @ 7.0% cap · market cap 15.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.473086
    Latitude
    41.827439

    FAQs

    What type of property is this?
    Manufacturing property - Well-maintained industrial building with an updated roof and flexible space for manufacturing or contractor logistics.
    Where is this manufacturing property located?
    The property is located at 10 Alcazar Avenue Johnston, RI.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Approximately 5,292+/- SF of manufacturing/industrial space; Masonry construction with 9 to 12 ft ceiling height; Heating: forced air; cooling: central air
    More about this property
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