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    458-460 Smithfield Ave Pawtucket, RI 02860

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    For Sale
    $1,050,000

    Fully leased, renovated mixed-use property near I-95 and new developments.

    Property size:
    3,954 SF
    Lot size:
    0.06 Acres

    Property Features for 458-460 Smithfield Ave

    General Information

    Size
    3,954 SF
    Lot size
    0.06 Acres

    Source: BHHS - Commonwealth | East Greenwich Agent Allen Gammons

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

    Overview

    Renovated Mixed-Use Investment Property

    This renovated mixed-use property features four units, including one one-bedroom apartment, one two-bedroom apartment, and one three-bedroom, two-bath apartment. The property also includes a first-floor commercial space currently leased long-term to a physician. The residential units are completely updated with high-end finishes such as quartz countertops, stainless steel appliances, in-unit laundry hookups, and engineered flooring. Located just off I-95 on Smithfield Avenue, the property is situated in an area with significant new commercial and residential investment. It is very close to Pawtucket Commons and the new Tidewater Landing Soccer Stadium, as well as downtown Providence, and is directly on the bus line. The property is currently bringing in $8400 per month.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -71.4144377
    Latitude
    41.8735275

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased, renovated mixed-use property near I-95 and new developments.
    Where is this mixed-use property located?
    The property is located at 458-460 Smithfield Ave Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Fully leased mixed-use property generating $8400/month income.; - **Completely renovated with high-end finishes including quartz countertops, stainless appliances, in-unit laundry hookups, and engineered flooring.**; - Includes a long-term commercial lease to a physician.
    (401) 886-6100
    Request Owner's contact information
    458-460 Smithfield 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
    458-460 Smithfield Ave Pawtucket, RI 02860
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