163 Broad St Pawtucket, RI 02860
Property summary
This exceptional mixed-use property in Pawtucket, Rhode Island, offers a spacious 1,800+ square foot commercial unit for lease. Located at 163 Broad Street, 02860, this unit is situated within a two-story, 1926-built building on a 3,683 square foot lot. The space boasts 12-15-foot ceilings, its own restroom, separate forced hot air gas heating, and a dedicated electrical system suitable for various commercial uses. The unit also features excellent LED lighting and ample natural light from numerous windows. Convenient street parking is available, with the added benefit of proximity to downtown Pawtucket and the new interstate train station. Hot water is included in the monthly lease rate of only $1.10 per square foot. While some buildouts and equipment may be permitted, certain uses are restricted. Prohibited uses include beauty salons, restaurants, catering businesses, paint shops, machinery operations, boutiques selling women's clothing, churches, houses of prayer, and gyms. The property shares a security system and fire alarm system with the owner's adjacent unit. This presents a unique opportunity for a commercial tenant seeking a well-located, sizable space in a vibrant Rhode Island city.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Commercial Local CL. This zone is intended for neighborhood commercial areas that primarily serve local neighborhood needs for convenience retail services and professional office establishments. H. Commercial General CG.…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CL · Pawtucket, RICommercial Local CL. This zone is intended for neighborhood commercial areas that primarily serve local neighborhood needs for convenience retail services and professional office establishments. H. Commercial General CG.…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for CL in Pawtucket, RI.
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