Financial
Distress signals
Property profile

605 Broadway Pawtucket, RI 02860

FOR SALE
Other investment properties
Property ID
US76-0026065
3,650 SF 0.1 ac lot Built 1930
Last sale Dec 2024 · $669,500
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years.
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Property summary

AI-generated overview

The property is a mixed-use building combining a first-floor commercial bar/lounge and three residential units on the upper levels. The commercial space is remodeled and includes a kitchen area, two half bathrooms, decorative electric fireplace elements, decorative columns and flooring, and a styled bar with pendant lighting. Each of the three residential units contains 2 bedrooms and is equipped with a stove and a refrigerator, and the units include many updates. The building includes a fire

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$347k
Assessed land$68k
Assessed improvement$280k

Value estimate

· Sep 2026
$495k
$446k – $545k
AI approach$460k
CAP approach$665k
Sales comparison$599k
NOI build-up
Gross scheduled income$124k
Vacancy & credit loss−$7k
Operating expenses−$52k
NOI · 7.72% cap applied$64k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$126/SF
ZIP average, outlier-cleaned · 130 recorded sales of this use type
Observed band · Q1–Q3$81 – $174
Qualifying comparables7

Cap rate analysis

How does the asset earn?
7.72%
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
Commercial General CG. This zone is intended for commercial areas that serve City-wide needs for retail, services and professional office...
General categoryCOMMERCIAL
JurisdictionPAWTUCKET

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.6
Electrical Service12.3
Skin Care Clinic10.7

Location

605 Broadway Pawtucket, RI 02860
County assessor Recorded deeds · 14 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
78 Underwood, Pawtucket, RI 02860-3204 $450,000 Sep 2024 3,529 SF
198 Harrison, Pawtucket, RI 02860-2827 $630,000 Jul 2024 3,822 SF
857 Mineral Spg, Pawtucket, RI 02860-3399 $63,000 May 2024 3,174 SF
458 Smithfield, Pawtucket, RI 02860-2576 $275,000 Jun 2023 3,366 SF
110 Mineral Spg, Pawtucket, RI 02860-8216 $375,000 Dec 2022 3,460 SF
528 Lonsdale, Pawtucket, RI 02860-1846 $240,000 Nov 2022 3,686 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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