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Central Falls Industrial/Warehouse Opportunity

70 Conduit Central Falls, RI 02865

70 Conduit, Central Falls, RI, 02865
$494,999
For Sale
Claim this Listing
$494,999

Two-level industrial/warehouse building on 1.01-acre lot with development potential.

Property Size8,704 SF
Lot Size1.01 Acres
Price / SF$56.87
AddedApr 2
Days on Market105
Last RefreshJul 3 at 5:48 am

Property Features for 70 Conduit

General Information

Standard status
Active
Size
8,704 SF
Lot size
1.01 Acres
Property subtype
Commercial

Building Details

Year Built
1800

Listing office EXP REALTY

Listing date Apr 2, 2026

Source Corcoran

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 EXP REALTY


Investment Insights

Based on property information with market context.

This property presents an investor and developer opportunity with potential seller financing. It features an 8,704 square foot two-level industrial/warehouse building situated on an approximately 1.01-acre (44,159 square foot) M-1 zoned lot. The property offers potential for expansion, redevelopment, or owner-user use. It is ideally suited for a storage business, contractor storage, light industrial, or warehouse operations. The building includes truck loading doors on both levels and on-site parking. Public utilities are available. Convenient access to I-95 is provided. The roof was replaced less than 2 years ago. The property is strategically located in Central Falls near the Lincoln line. There is a potential development opportunity for a 20-unit apartment project, subject to zoning approval and all required municipal permits. The property is sold as-is.

Key Highlights

  • Large 1.01‑acre M‑1 zoned lot with potential for expansion or redevelopment.
  • Seller financing available, creating an attractive opportunity for investors and developers.
  • 8,704 SF two‑level industrial/warehouse building suitable for various uses.

Local Financial Insights For Industrial

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 $65.3k $7.50
− Vacancy −$392 −$0.05
EGI $64.9k $7.46
− OpEx −$19.5k −$2.24
NOI $45.4k $5.22
8,704 SF · lease $7.50/SF/yr · vacancy 0.60% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$787.9K
$689.4K – $919.3K (±1% cap)
NOI $55,155 @ 7.0% cap · market cap 11.14%
Second Best
Flex RnD
$768.8K
$672.7K – $896.9K (±1% cap)
NOI $53,814 @ 7.0% cap · market cap 10.87%
Theoretical Best
Multifamily LT 5
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $144,926 @ 7.0% cap · market cap 29.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Pharmacy Skin Care Clinic Auto Parts Store HVAC Service Storage Facility

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

Similar Off Market Nearby

  • Store Space Self Storage — 817 Dexter St, Central Falls, RI 02863
  • Storage America - Lincoln, RI — 100 Higginson Ave, Lincoln, RI 02865
  • Green Monstah Recycling — 48 Conduit St, Lincoln, RI 02865

FAQs

What type of property is this?
Warehouse - Two-level industrial/warehouse building on 1.01-acre lot with development potential.
Where is this warehouse located?
The property is located at 70 Conduit Central Falls, RI.
What is the asking price?
The asking price for this property is $494,999.
What are key features of this property?
This property features: Large 1.01‑acre M‑1 zoned lot with potential for expansion or redevelopment.; Seller financing available, creating an attractive opportunity for investors and developers.; 8,704 SF two‑level industrial/warehouse building suitable for various uses.
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