363 Smithfield Avenue Pawtucket, RI 02860
COMMERCIAL - Pawtucket, RI
Property Features for 363 Smithfield Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RS
- Rooms
- Basement
- Parking
- 7
- Security features
- Security System
- Interior features
- Ceiling Height (9 to 12 Ft)
- Basement
- Full
- Standard status
- Active
- Size
- 1,408 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4493
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Masonry
Listing agent Marwa Nachar (866) 828-3951
Listing office Exp Realty 10 Dorrance Street, Suite 700, West Hartford, RI (888) 315-3445
Listing date Dec 12, 2025
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The space is located along Smithfield Avenue in Pawtucket, Rhode Island, within an RS zoning designation. The property is described as being in a high-visibility, high-traffic area.
The layout is suited to retail or service-oriented users who want customer-facing space paired with a dedicated office. The added basement area may help support day-to-day operations by providing extra storage, while also offering flexibility if a business later needs to expand its usable footprint.
Key Highlights
- Prime location in a high‑visibility, high‑traffic area.
- Versatile 1408 sq.ft. first floor commercial space.
- Additional 1408 sq.ft. of usable basement space for storage or expansion.
Local Financial Insights For Office B
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 | $28.2k | $20.04 |
| − Vacancy | −$4.0k | −$2.81 |
| EGI | $24.3k | $17.23 |
| − OpEx | −$6.1k | −$4.31 |
| NOI | $18.2k | $12.93 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Imondi & Sons Florists — 182 Smithfield Ave, Pawtucket, RI 02860
- Blossoms Design Boutique — 160 Smithfield Ave, Pawtucket, RI 02860
