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    Property profile & analytics
    OFF-MARKET
    Showrooms

    130 Pascoag Main St 134, Pascoag, RI 02859-3101

    3,868 SF 0.24 ac lot Built 1940
    Individually Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US76-0319192
    Property summary
    AI-generated overview

    This exceptional three-unit retail property, located at 130 Pascoag Main St, Burrillville, RI 02859, presents a compelling investment opportunity. The 7,768 square foot building, constructed in 1940 and zoned VC, offers a diverse tenant mix currently comprised of a tattoo artist, an appliance repair shop, and an online auction store. Each unit operates under a month-to-month lease, providing flexibility for future development and income potential. The property features a substantial 3,900 square foot full basement, adding significant storage or expansion possibilities. Convenient on-site parking accommodates approximately 10 vehicles. The asking price is $399,999, translating to a price per square foot of $51.49. This represents a solid return on investment in a thriving location. The property's versatility, combined with its strong tenant occupancy and prime location on Pascoag Main Street, makes it an ideal addition to any investor's portfolio. This net lease property offers a hands-off approach to ownership, with the potential for significant future appreciation. The property is situated in Providence County, Rhode Island, offering easy access to local amenities and a strong regional economy. Don't miss this chance to acquire a well-established retail property with significant upside potential.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1940
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,868 SF
    Lot 0.24 ac (10,454 SF)
    Zoning code VC
    APN BURR M:175 L:028
    UPID US76-0319192
    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
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    Blend (final) Blend
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    Owner & transaction history
    Leonard Curreri · 16 yrs held
    Leonard Curreri
    since 2009
    7 recorded transactions
    2009
    $210,000
    2009
    $1
    2009
    $250,000
    2007
    $325,000
    2000
    2000
    1998
    $66,000
    Zoning & alternative use
    VC · Pascoag, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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