Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Hair Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning