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    457 Smithfield Ave Pawtucket, RI 02860

    Sponsored
    For Sale
    $499,900

    High-traffic location, versatile space, $499,900

    Property size:
    4,386 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 457 Smithfield Avenue in Pawtucket, Rhode Island, presents a remarkable investment opportunity. The single-story, 4,386 square foot building sits on a 5,389 square foot lot and was constructed in 1950. Its versatile zoning (C-1) allows for a wide range of business uses, including retail, restaurants, salons, spas, and more. The building's prime location on a main road ensures high visibility and significant foot traffic, making it ideal for attracting customers. The property is comprised of one unit, offering a cohesive and easily managed space. Its history as a multi-use building suggests adaptability to various business models. The asking price is $499,900. This property is perfect for an investor seeking a strong return in a thriving Rhode Island community. The building's size and location make it an attractive option for a variety of businesses seeking a prominent presence in Pawtucket. Its versatility and high-traffic location make it a compelling investment opportunity. The property's single-unit structure simplifies management and maintenance, making it an attractive option for both seasoned investors and those new to commercial real estate.

    Property Features for 457 Smithfield Ave

    General Information

    Property type
    Day care centers
    Square Feet
    4,386 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $499,900 asking price.
    • 4,386 square foot building on a 5,389 square foot lot.
    • Located at 457 Smithfield Avenue, Pawtucket, RI 02860.
    • Single‑story, 1950‑built building with one unit.
    • C‑1 zoned property suitable for various commercial uses including retail, restaurants, and personal services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Color Me Crazy Hair Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4140933
    Latitude
    41.8733695

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    FAQs

    What type of property is this?
    Day care center - High-traffic location, versatile space, $499,900
    Where is this day care center located?
    The property is located at 457 Smithfield Ave Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: $499,900 asking price.; 4,386 square foot building on a 5,389 square foot lot.; Located at 457 Smithfield Avenue, Pawtucket, RI 02860.
    Request Owner's contact information
    457 Smithfield Ave Pawtucket, RI 02860
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    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
    457 Smithfield Ave Pawtucket, RI 02860
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