Property profile

457 Smithfield Ave Pawtucket, RI 02860

OFF-MARKET
Day care centers
4,386 SF Built 1950
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Day care centers
Year built 1950
Total area 4,386 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Location

457 Smithfield Ave Pawtucket, RI 02860
Pawtucket metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 457 Smithfield Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message