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    579 Weeden St Pawtucket, RI 02860

    For Sale
    $325,000

    Versatile 1,500 sq ft, New Construction

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Prime Pawtucket location offers a brand-new, 1,500 square foot commercial condominium unit, perfect for a wide array of businesses. This unit is part of a larger development with up to ten individual units available, totaling 15,000 square feet of potential space. Currently under construction, with completion slated for December 2024, the property boasts state-of-the-art construction, including radiant heat, two 12' x 14' overhead doors, and separate utilities and bathrooms for each unit. Security systems are in place, and the building sits on a spacious 1.59-acre lot (69,260 sq ft) providing ample parking and area lighting. Its strategic location, less than a mile from Route 95, ensures excellent accessibility. The flexible zoning allows for a diverse range of uses, including but not limited to: auto repair, warehousing, light industrial, flex space, and various retail options. Condominium documents are ready for closing in December 2024. This is an exceptional opportunity to acquire a new, versatile commercial space in a thriving Rhode Island location. The asking price is $325,000.

    Property Features for 579 Weeden St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    1,500 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AG Electric & Solar Solar Energy Company Insulation & Energy Solutions Contractor Quick Solutions Cleaning Cleaners AG Electric LLC Electrician Quick Solutions Cleaning, ... Commercial Cleaning Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.40832
    Latitude
    41.877633

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    FAQs

    What type of property is this?
    Lifestyle center - Versatile 1,500 sq ft, New Construction
    Where is this lifestyle center located?
    The property is located at 579 Weeden St Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $325,000.
    Request Owner's contact information
    579 Weeden St Pawtucket, RI 02860
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    579 Weeden St Pawtucket, RI 02860
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