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    54 Nashua St Nashua St Pawtucket, RI 02860

    Sponsored
    For Sale
    $725,000

    9,750 SF Lot, Auto Shop Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 54 Nashua Street in Pawtucket, Rhode Island, presents a unique investment opportunity. Situated on a sizable 9,750 square foot lot, the property features a 2,600 square foot building constructed in 1970. The building boasts high ceilings, exceeding 20 feet in height, providing ample space for various commercial uses. Currently operating as an automotive business, the property holds existing licenses for a used car lot, used auto parts sales, and body shop/special use operations. This versatile space is ideal for a continuation of automotive-related businesses or adaptable to other commercial ventures. The property's location at the border of Providence's East Side and Pawtucket's Oak Hill, just west of North Main Street, offers excellent visibility and accessibility. The sale includes one building on the lot. Seller financing is available. The property is zoned for commercial use and is ready for immediate occupancy. This is a rare opportunity to acquire a well-located, established commercial property with significant potential for growth and return on investment. The property's size and existing infrastructure make it an attractive option for entrepreneurs and investors alike. The zip code is 02860.

    Property Features for 54 Nashua St Nashua St

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1970
    Buildings
    1
    Units
    1

    HighLights

    • Exceptional investment opportunity: 2,600 SF building on a 9,750 SF lot in Pawtucket, RI (02860).
    • High ceilings (over 20 feet) offer versatile commercial space.
    • Currently operating as an automotive business with existing licenses for used car sales, parts sales, and body shop.
    • Excellent visibility and accessibility at the border of Providence's East Side and Pawtucket's Oak Hill, near North Main Street.
    • Seller financing available.
    • Zoned commercial and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3883751
    Latitude
    41.8684902

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    FAQs

    What type of property is this?
    Individual retail property - 9,750 SF Lot, Auto Shop Ready
    Where is this individual retail property located?
    The property is located at 54 Nashua St Nashua St Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: 2,600 SF building on a 9,750 SF lot in Pawtucket, RI (02860).; High ceilings (over 20 feet) offer versatile commercial space.; Currently operating as an automotive business with existing licenses for used car sales, parts sales, and body shop.
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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
    54 Nashua St Nashua St Pawtucket, RI 02860
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