25 Margaret St Pawtucket, RI 02860
- Commercial real estate
- 8,466 SF
Current Use by Public Records
- Commercial real estate
Property Details for 25 Margaret St
- Year built
- 1965
- Property size
- 8,466 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a meticulously maintained, two-story brick building situated on a substantial 21,344 square foot double lot in Pawtucket, Rhode Island. The property, located at 25 Margaret Street, 02860, encompasses 8,466 square feet and features two units. Constructed in 1965, the building boasts a newer roof and modern on-demand heating and hot water systems, minimizing maintenance costs and maximizing efficiency. The property's design maximizes space and functionality within each unit. The expansive lot offers significant potential for future development, adding considerable value to this already strong investment. Lead certificates are in place. This prime location provides convenient access to local amenities, making it an attractive proposition for both residential and commercial uses. Priced at $2,400,000, this property represents a solid return on investment for those seeking a stable and growing asset. The property's mixed-use zoning allows for flexibility in future development and tenant acquisition. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential in a desirable Rhode Island location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3735171
- Latitude
- 41.8880847
