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    24 Newport Ave Pawtucket, RI 02861

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    For Sale
    $499,000

    Mixed-use property with office space and residential apartment.

    Property size:
    4,115 SF
    Lot size:
    0.67 Acres

    Property Features for 24 Newport Ave

    General Information

    Size
    4,115 SF
    Lot size
    0.67 Acres

    Source: Conway Commercial Group Agent Jim Conway

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property on Newport Avenue

    This mixed-use property is located on Newport Avenue, a busy corridor. The property features a first-floor office space, currently leased to Jackson Hewitt Tax Services. The second floor contains a 2-bedroom apartment with a living room, eat-in kitchen, and tile bathroom. A 2-car garage is also present and currently occupied by the residential tenant. Ample parking is available in both the front and rear of the property. The property size is 4115 square feet. Significant development has occurred and continues to occur along this retail corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jackson Hewitt Tax ... Tax Preparation

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3547608
    Latitude
    41.8600173

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with office space and residential apartment.
    Where is this mixed-use property located?
    The property is located at 24 Newport Ave Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Located on a very busy corridor of Newport Avenue, offering **high visibility and traffic**.; - Mixed-use property with both commercial (office) and residential (2-bedroom apartment) income potential.; - **First-floor office space is currently leased to Jackson Hewitt Tax Services, providing immediate income.**
    (401) 447-6062
    Request Owner's contact information
    24 Newport Ave Pawtucket, RI 02861
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    Pawtucket, RI 02861
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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
    24 Newport Ave Pawtucket, RI 02861
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