Providence Investment
For Sale
Contact for pricing
201 Concord St, Pawtucket, RI
Commercial building with five income-producing units in a prime location.
Property Size4,643 SF
Lot Size0.19 Acres
Price / SF$290.76
Days on Market372
Property Features for 201 Concord St
General Information
Standard status
Active
Size
4,643 SF
Lot size
0.19 Acres
Property subtype
RETAIL
Listing Agency:
BHHS - Commonwealth | East Greenwich
(401) 886-6100
Listed By:
Francis Hiraldo · License #RES.0041142
(401) 451-2422
Source:
Moodyscre
Added: Oct 7, 2025
Changed: Oct 13
Last Checked: Oct 12 at 8:06PM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,418
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,048,360
$1.0M
Cap Rate 7%
$748,829
$748.8K
Cap Rate 9%
$582,422
$582.4K
Market Conditions
NOI Build-Up for 4,643 SF
Gross rent
$83.6K $18.00/SF
− Vacancy
−$8.7K −$1.87/SF
EGI
$74.9K $16.13/SF
− OpEx
−$22.5K −$4.84/SF
NOI
$52.4K $11.29/SF
Area
Providence County, RI
Vacancy
10.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,048,360
Cap Rate 7%
$748,829
Cap Rate 9%
$582,422
Alternative Uses
Best Use
Retail
$748.8K
$655.2K – $873.6K
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
NOI $77,308 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 40%
Apparel 5%
Home Improvements & Furnishings 1%
Ocean State Job Lot
Shops & Services
21,921 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,185 visits/mo
0.4 miles
Chili's Grill & Bar
Dining
16,493 visits/mo
0.4 miles
Dunkin' Donuts
Dining
13,605 visits/mo
0.3 miles
Speedway
Shops & Services
12,135 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Flowers By Patricia — 568 charles st, providence, ri 02904
- Imondi & Sons Florists — 182 Smithfield Ave, Pawtucket, RI 02860
- Blossoms Design Boutique — 160 Smithfield Ave, Pawtucket, RI 02860
Frequently Asked Questions
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.
