Property profile

279 Dexter St Pawtucket, RI 02860

OFF-MARKET
Showrooms
Property ID
US76-0151373
3,104 SF 0.24 ac lot Built 1982
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 279 Dexter Street in Pawtucket, Rhode Island, offers a unique opportunity for businesses seeking flexible and versatile space. The property encompasses a total of 2,480 square feet of office and retail space, currently entirely vacant and ready for immediate occupancy. The building is situated on a sizable lot ranging from 10,490 to 13,174 square feet, providing ample room for expansion or outdoor amenities. The property's classification includes retail, office, and land designations, offering significant adaptability to a variety of business needs. The multiple tenancy option allows for the potential to subdivide the space to suit individual requirements. Located in Providence County, with a convenient address in Pawtucket (zip code 02860), this property benefits from excellent accessibility and visibility. The building's 2,480 square feet of vacant space presents a blank canvas for creating a customized workspace. The substantial lot size offers significant potential for future development or expansion. This property is ideally suited for businesses seeking a prominent location in a thriving Rhode Island community. The property is available for lease and presents a compelling investment opportunity for those seeking a versatile and well-located commercial space. Interested parties are encouraged to inquire for further details and to schedule a viewing.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1982
Construction FRAME
Total area 3,104 SF
Lot 0.24 ac (10,490 SF)
Zoning code CG
APN PAWT M:44 L:0585
UPID US76-0151373

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

279 Dexter St Pawtucket, RI 02860-1901
Pawtucket metro Census 15200 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
$565k
Comparable Approach Comparable
$402k
Blend (final) Blend
$550k

Owner & transaction history

since 2024
Last sale
$550,000
3 recorded transactions
2024
$550,000
2023
$400,000
2022
$400,000

Zoning & alternative use

CG · Pawtucket, RI
Zoning description

Commercial General CG. This zone is intended for commercial areas that serve City-wide needs for retail, services and professional office establishments. I. Commercial Downtown CD. This zone is intended to enhance and re…

General category COMMERCIAL
Top alternative use upside
Office building $595,000 +52.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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