27 Privet St Pawtucket Pawtucket, RI 02860
This expansive commercial/industrial property in Pawtucket, Rhode Island, presents a unique investment opportunity. The 28,561-square-foot building sits on a sizable 1.52-acre lot, complemented by 25,000 square feet of paved parking. The property offers significant potential for a variety of uses, including warehouse operations, redevelopment into a mixed-use facility, or even conversion into a multifamily building. The existing structure features renovated offices in the main building, providing comfortable and updated workspace. A brand new roof, complete with a 20-year warranty, ensures long-term protection and reduces immediate maintenance concerns. While the warehouse area utilizes space heaters, the offices benefit from a functioning HVAC system, offering climate control for year-round comfort. The property's size and versatile nature make it ideal for businesses seeking to establish a new location, expand their existing operations, or simply relocate to a more suitable space. With its ample parking and strategic location, this property is poised for success with the right vision and investment. The possibilities are truly endless, making this a compelling opportunity for discerning investors and entrepreneurs. The asking price is $1,849,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RM · Pawtucket, RIPawtucket. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.