Freestanding Industrial
33 York Avenue Pawtucket, RI 02860
33 York Avenue, Pawtucket, RI, 02860
$1,050,000
For Sale
$1,050,000
Masonry industrial building with office space, grade level door, concrete floors, and approximately 12' clear ceiling height.
Property Size9,292 SF
Lot Size0.31 Acres
Price / SF$113
Days on Market28
Property Features for 33 York Avenue
General Information
- Standard status
- Active
- Size
- 9,292 SF
- Lot size
- 0.31 Acres
- Property subtype
- Industrial
Listing agency
MG Commercial
(401) 374-7038
Listed by
George Paskalis, SIOR · License #RI #0040525
(401) 374-7038
Source
Mgcommercial
Added: Jun 25 Updated: Jul 22 at 4:49AM Checked: Jul 22 at 4:49AM
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 MG Commercial
Investment Insights
Based on property information with market context.
The property is a freestanding 9,292 SF masonry industrial building on 0.21 acres, with office space plus manufacturing/warehouse space. Improvements include concrete floors, ample power, and a 12' high x 10' wide grade level door. Ceiling heights are approximately 12' high clear, supporting a range of light industrial uses.
The sale includes a dedicated 0.10-acre parking lot located across York Avenue on the corner of Princeton Street. The property is described as being in a well-established industrial corridor with convenient highway access to I-95, and it is under MO (Manufacturing)/RS (Residential) zoning.
With both office and manufacturing/warehouse areas, the layout is suited to warehouse, light manufacturing, light production, and assembly use cases as described in the property materials.
The sale includes a dedicated 0.10-acre parking lot located across York Avenue on the corner of Princeton Street. The property is described as being in a well-established industrial corridor with convenient highway access to I-95, and it is under MO (Manufacturing)/RS (Residential) zoning.
With both office and manufacturing/warehouse areas, the layout is suited to warehouse, light manufacturing, light production, and assembly use cases as described in the property materials.
Key Highlights
- 9,292 SF masonry industrial building on 0.21 acres with office space and manufacturing/warehouse space
- Includes a dedicated 0.10‑acre parking lot across York Avenue on the corner of Princeton Street
- Features a 12' high x 10' wide grade level door
Local Financial Insights For Warehouse
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 | $69.7k | $7.50 |
| − Vacancy | −$418 | −$0.05 |
| EGI | $69.3k | $7.46 |
| − OpEx | −$10.4k | −$1.12 |
| NOI | $58.9k | $6.34 |
9,292 SF · lease $7.50/SF/yr · vacancy 0.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$841.2K
$736.0K – $981.4K
NOI $58,881 @ 7.0% cap · market cap 5.61%
Second Best
Flex RnD
$820.7K
$718.1K – $957.5K
NOI $57,449 @ 7.0% cap · market cap 5.47%
Theoretical Best
Multifamily LT 5
$2.21M
$1.93M – $2.58M
NOI $154,716 @ 7.0% cap · market cap 14.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hord Crystal Corporation
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Masonry industrial building with office space, grade level door, concrete floors, and approximately 12' clear ceiling height.
Where is this flex space located?
The property is located at 33 York Avenue 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: 9,292 SF masonry industrial building on 0.21 acres with office space and manufacturing/warehouse space; Includes a dedicated 0.10‑acre parking lot across York Avenue on the corner of Princeton Street; Features a 12' high x 10' wide grade level door
