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Property profile & analytics
OFF-MARKET Estimated value $350,000
Showrooms

2761 Pawtucket Ave East Providence, RI 02914-3389

2,158 SF 0.23 ac lot Built 1930
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US76-0149507
Property summary
AI-generated overview

This exceptional 420-square-foot office/retail space is available for lease on Pawtucket Avenue in East Providence. The property boasts a single-tenant occupancy, offering privacy and convenience. Recent renovations have modernized the space, creating a fresh and functional environment for your business. A key benefit is the inclusion of dedicated parking, a rare and valuable asset in this busy location. The space also features a private bathroom, enhancing the overall comfort and convenience for occupants. Situated on the bustling Pawtucket Avenue, this property offers excellent visibility and accessibility for clients and employees. The building itself has undergone recent renovations and provides ample parking for tenants and visitors, mitigating the parking challenges often associated with high-traffic areas. This prime location on Pawtucket Avenue ensures high foot traffic and excellent exposure for your business. The combination of a newly renovated interior, dedicated parking, a private bathroom, and a highly visible location makes this an ideal space for a variety of businesses, including traditional office, medical office, creative office, executive office, or even a coworking space. The single-tenant occupancy provides a unique opportunity for a business seeking a private and well-equipped workspace. Don't miss this chance to secure this exceptional property in a thriving East Providence location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,158 SF
Lot 0.23 ac (10,215 SF)
Zoning code C2
APN EPRO M:308 B:16 L:016 U:
UPID US76-0149507
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
Current use
Occupant on record · Public records
  • Manuela's Tailor Shop (Bike/Boat/Book/etc) Store
  • Spellbound Art And Collectibles LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k
Owner & transaction history
Jorge Mendes · 3 yrs held
Jorge Mendes
since 2023
Last sale
$330,000
7 recorded transactions
2023
$330,000
2018
$375,000
2017
Price N/A
2008
$1
1997
$150,000
1991
$111,000
1969
Price N/A
Zoning & alternative use
C2 · East Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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