Financial
Distress signals
Property profile

580 Central Ave Pawtucket, RI 02861

FOR SALE
Investment properties
Property ID
US76-0123728
3,036 SF 0.13 ac lot Built 1930
Last sale Jan 2026 · $595,900
Entity Owned Owner of record is a legal entity (LLC / corporation).
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Property summary

AI-generated overview

This exceptional mixed-use property at 580 Central Avenue, Pawtucket, Rhode Island, presents a unique investment opportunity. Built in 1930, this impeccably maintained building sits on a 5,663 square foot lot and offers a total of 3,306 square feet of space. The property comprises one building with a vibrant retail unit generating consistent income and two residential units – a spacious two-bedroom and a cozy one-bedroom – currently fully occupied. This blend of commercial and residential

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$279k
Assessed land$70k
Assessed improvement$209k

Value estimate

· Sep 2026
$555k
$500k – $611k
AI approach$560k
CAP approach$550k
Sales comparison$453k
NOI build-up
Gross scheduled income$85k
Vacancy & credit loss−$5k
Operating expenses−$36k
NOI · 7.60% cap applied$44k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$142/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$94 – $184
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7.60%
$44k 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?
CL
Commercial Local CL. This zone is intended for neighborhood commercial areas that primarily serve local neighborhood needs for convenienc...
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 agency19.0
Parking Facility15.7
Law Firm15.1

Location

580 Central Ave Pawtucket, RI 02861
County assessor Recorded deeds · 7 transfers 5 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
5 Hanover, Pawtucket, RI 02861-2133 $650,000 Dec 2025 3,432 SF
167 Benefit, Pawtucket, RI 02861-1154 $525,000 Jul 2024 3,755 SF
238 Columbus, Pawtucket, RI 02861-3407 $300,000 Jul 2024 2,984 SF
260 Liberty, Pawtucket, RI 02861-3038 $520,000 Jun 2024 3,604 SF
672 Armistice, Pawtucket, RI 02861-2709 $500,000 Jan 2024 3,665 SF
863 Newport, Pawtucket, RI 02861-2643 $350,000 Jul 2019 3,023 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?”
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