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    600 Pawtucket Ave Pawtucket, RI 02860

    Sponsored
    For Sale
    $650,000

    High-Cap Rate, Renovated Office Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 650,000 USD commercial property located at 600 Pawtucket, Pawtucket, RI, presents a unique investment opportunity. Currently operating as a behavioral healthcare facility, the building boasts a completely renovated interior featuring fifteen individual offices, a fully equipped kitchen, a spacious waiting area, and a dedicated reception area. The current tenant is under a multi-year lease, ensuring a stable income stream with a high net operating income (NOI) and capitalization rate. The building's versatility is a key advantage

    Property Features for 600 Pawtucket Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Laura B. Murphy, ... Chiropractor Cheryl Brodsky Obstetrician-Gynecologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.39914
    Latitude
    41.85706

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    FAQs

    What type of property is this?
    Commercial real estate - High-Cap Rate, Renovated Office Space
    Where is this commercial real estate located?
    The property is located at 600 Pawtucket Ave Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $650,000.
    (508) 541-6200
    Request Owner's contact information
    600 Pawtucket Ave Pawtucket, RI 02860
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    Pawtucket, RI 02860
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 Pawtucket Ave Pawtucket, RI 02860
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