Property profile

514 Smithfield Ave Pawtucket, RI 02860

OFF-MARKET
Specialty properties
Built 1905
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Property summary

AI-generated overview

This remarkable 1905 landmark church building, located at 514 Smithfield Avenue in Pawtucket, Rhode Island, presents a unique investment opportunity. The property encompasses six lots totaling 34,486 square feet of land situated at two corners, providing ample space and visibility. The two-story building itself offers significant square footage, including a lower level. Currently configured as a church, this property is ideally suited for an existing religious organization seeking to expand its facilities. The substantial lot size includes ample on-site parking and a recreation area. However, the property's versatility extends beyond religious use. The building's architecture and substantial land area make it an attractive prospect for developers and investors seeking to repurpose the space for residential or other commercial uses. The property is zoned for commercial, day care, religious, and residential uses, offering a wide range of possibilities. Serious inquiries only. The asking price is $1,075,000. This is a rare opportunity to acquire a significant property in a desirable location with substantial redevelopment potential. The property's history and prominent location make it an exceptional investment. Contact us to schedule a private showing.

Property profile

Verified
Property type Specialty properties
Year built 1905

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
  • Church Mosque
  • Church
  • High School Daycare Center

Location

514 Smithfield Ave Pawtucket, RI 02860
Pawtucket metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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