You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Industrial properties

1159 Broad St Central Falls, RI 02863

344,976 SF 9.43 ac lot Built 1900
Entity Owned 9-yr Hold Free & Clear
Property ID
US76-0324273
Property summary
AI-generated overview

This exceptional Central Falls, Rhode Island industrial warehouse offers 325,120 square feet of space, with 254,127 square feet currently vacant and available for lease. The property, completely renovated in 2022, boasts a single, two-story building situated on 11.94 acres of land. Features include 14 dock-high doors and 12 drive-in doors, providing ample access for loading and unloading. The warehouse offers impressive ceiling heights ranging from 8'10" to 32', 300 total parking spaces, and heavy power provided by National Grid. The space is divisible to a minimum of 31,781 square feet, with a maximum contiguous space of 254,127 square feet. Interior features include new LED lighting and a fresh "white-box" paint finish. The property is zoned M2: Heavy Industrial and benefits from its strategic location near Providence, offering easy access to major transportation routes and other key New England cities. The property also includes ESFR sprinklers. This is a prime opportunity for businesses seeking a versatile and well-equipped industrial space in a convenient location. The property is conveniently located in Central Falls, RI, bordering Pawtucket and Providence.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 344,976 SF
Lot 9.43 ac (410,884 SF)
Zoning code M-2
APN CENT M:02 P:30
UPID US76-0324273
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.00M
Blend (final) Blend
$12.54M
Owner & transaction history
Ledvance LLC · 9 yrs held
Ledvance LLC
since 2016
3 recorded transactions
2024
Price N/A
2022
Price N/A
2016
Price N/A
Zoning & alternative use
M-2 · Central Falls, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message