258 Kenyon Ave Pawtucket, RI 02861
- Showrooms
- 1,207 SF
- 0.06 lot acres
Current Use by Public Records
- Cabral's Catering Inc / Caterer
Property Details for 258 Kenyon Ave
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.06 lot acres
- Property size
- 1,207 SF
- Zone code
- CL
- Property type
- Showrooms
- APN
- PAWT M:04 L:1099
- APU
- PAWTM04L1099
Description
This exceptional 0.06-acre property at 258 Kenyon Ave, Pawtucket, RI, presents a unique investment opportunity. For over a decade, this beautifully maintained building has thrived as both a restaurant and catering business, benefiting from its prime corner location offering excellent visibility. Its strategic position provides easy access to major roadways, banks, shopping centers, and offices, and its proximity to the Massachusetts border expands its potential customer base. The building itself is in excellent condition, boasting recently updated plumbing and a newer roof. The property also features central heating and air conditioning, ensuring year-round comfort. A robust 3-phase 200 Amp electrical service and a comprehensive fire safety system are already in place, minimizing upfront investment for the new owner. The versatile layout is ideal for a range of businesses, including restaurants (small or large), cafes, boutiques, commercial kitchens, beauty salons, or office spaces. This turnkey property offers a seamless transition for any entrepreneur seeking a well-established and highly visible location to launch or expand their business. The asking price is $300,000. This is a rare opportunity to acquire a ready-to-go commercial space in a thriving area. Don't miss out on this chance to own a piece of Pawtucket's vibrant business landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $90,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $130,000
- 7%
- $125,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $150,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $140,000
- Retail
- $120,000
- Mixed-Use
- $115,000
- Hospitality
- $135,000
- Educational
- $125,000
- Residential Income
- $135,000
- Energy
- $120,000
- Income-Based Land
- $135,000
- Food Service
- $140,000
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.364
- Latitude
- 41.893
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA