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Property profile & analytics
OFF-MARKET
Commercial real estate

27 Summit St Central Falls, RI 02863

Property ID
US76-0323998
Property summary
AI-generated overview

This exceptional special-purpose property, located at 27 Summit Street in Central Falls, Rhode Island, 02863, presents a unique investment opportunity. The single-tenant building boasts a generous 600 square feet of space, ideal for a variety of uses. Situated on a substantial 500,500 square foot lot, the property offers ample room for expansion or outdoor activities. The building itself is complemented by a convenient three-car garage, providing ample parking for both tenants and visitors. This is a significant advantage, particularly given the property's central location off Broad Street in Central Falls. The property's functionality is further enhanced by a full basement, offering substantial storage space, and additional storage is available above ground. The property's single-tenant occupancy simplifies management and provides a stable income stream. With its strategic location, generous parking, and versatile space, this property is well-suited for a small contractor or a similar business requiring both workspace and storage. The combination of a large lot, ample parking, and substantial storage makes this a truly unique offering in the Central Falls market. This property is ready for immediate occupancy.

Property profile
Verified
Property type Commercial real estate
UPID US76-0323998
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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