Back to Search
Providence Investment Opportunity

201 Concord St Pawtucket, RI

201 Concord St, Pawtucket, RI, 00000
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

Commercial building with five income-producing units in a prime location.

Property Size4,643 SF
Lot Size0.19 Acres
Price / SF$290.76
AddedOct 7, 2025
Days on Market282
Last RefreshMay 20 at 9:05 pm

Property Features for 201 Concord St

General Information

Standard status
Active
Size
4,643 SF
Lot size
0.19 Acres
Property subtype
RETAIL

Listing office BHHS - Commonwealth | East Greenwich

Listing date Oct 7, 2025

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of BHHS - Commonwealth | East Greenwich


Investment Insights

Based on property information with market context.

This commercial building, located in Providence's Washington Park, features five income-producing units. The property is positioned in a high-visibility location with heavy foot and vehicle traffic. The building offers versatile space suitable for a range of businesses. The property size is 4,643 square feet.

Key Highlights

  • Five income‑producing units offer immediate revenue streams.
  • Prime, high‑visibility location in Providence's Washington Park.
  • High foot and vehicle traffic ensures business exposure.

Local Financial Insights For Retail

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 $83.6k $18.00
− Vacancy −$8.7k −$1.87
EGI $74.9k $16.13
− OpEx −$22.5k −$4.84
NOI $52.4k $11.29
4,643 SF · lease $18.00/SF/yr · vacancy 10.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$748.8K
$655.2K – $873.6K (±1% cap)
NOI $52,418 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.10M
$966.4K – $1.29M (±1% cap)
NOI $77,308 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

CubeSmart Self Storage Storage Facility

Suggested Use

Real Estate Agency Dental Office Building Supply Law Firm Big Box & Wholesale Store Restaurant Auto Parts Store Pharmacy Hotel & Motel HVAC Service

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

Similar Off Market Nearby

  • SameDay-FlowerDelivery — 736 hope st, providence, ri 02906
  • Imondi & Sons Florists — 182 Smithfield Ave, Pawtucket, RI 02860
  • Blossoms Design Boutique — 160 Smithfield Ave, Pawtucket, RI 02860
  • Flowers By Patricia — 568 charles st, providence, ri 02904

FAQs

What type of property is this?
Storefront property - Commercial building with five income-producing units in a prime location.
Where is this storefront property located?
The property is located at 201 Concord St Pawtucket, RI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five income‑producing units offer immediate revenue streams.; Prime, high‑visibility location in Providence's Washington Park.; High foot and vehicle traffic ensures business exposure.
Contact an agent
(401) 451-2422 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message