600 Pawtucket Ave Pawtucket, RI 02860
- Showrooms
- 2,954 SF
- 0.18 lot acres
Current Use by Public Records
- Laura B. Murphy, DC / Chiropractor
- Cheryl Brodsky / Obstetrician-Gynecologist
Property Details for 600 Pawtucket Ave
- Year built
- 1930
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.18 lot acres
- Property size
- 2,954 SF
- Zone code
- CG
- Property type
- Showrooms
- APN
- PAWT M:63 L:0624
- APU
- PAWTM63L0624
Description
This exceptional 650,000 USD commercial property located at 600 Pawtucket, Pawtucket, RI, presents a unique investment opportunity. Currently operating as a behavioral healthcare facility, the building boasts a completely renovated interior featuring fifteen individual offices, a fully equipped kitchen, a spacious waiting area, and a dedicated reception area. The current tenant is under a multi-year lease, ensuring a stable income stream with a high net operating income (NOI) and capitalization rate. The building's versatility is a key advantage
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $655,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $630,000
- Retail
- $660,000
- Mixed-Use
- $675,000
- Hospitality
- $730,000
- Educational
- $680,000
- Residential Income
- $595,000
- Energy
- $685,000
- Income-Based Land
- $555,000
- Food Service
- $605,000
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.399
- Latitude
- 41.8571
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA