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    Mixed-use properties

    40-82 Main St, Burrillville, RI 02859

    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 40-82 N Main Street in Pascoag, Rhode Island, presents a compelling investment opportunity. The 26,354 square foot building sits on a substantial 6.89-acre lot, offering ample space and potential. Constructed in 1984, this well-maintained property is currently 90% occupied, providing immediate and stable cash flow. A reputable bank serves as an anchor tenant, alongside a diverse mix of retail and office tenants. The property's strategic location in the commercial heart of Pascoag, RI, ensures high visibility and accessibility. Its Village Commercial zoning allows for a variety of uses. Further enhancing its appeal, the property includes 11 rear storage units and a detached garage, adding to its versatility and income potential. Conveniently situated just five minutes from the Massachusetts border, this property benefits from a strong regional market. The building is handicap accessible and offers extensive parking. The asking price for this prime investment opportunity is $2,000,000. This property represents a robust investment in a thriving community with significant upside potential.

    Property profile
    Verified
    Property type Mixed-use properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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