40 Main St 82 Pascoag, RI 02859-3137
This exceptional investment opportunity in Burrillville, Rhode Island, presents a substantial 26,354± square foot building situated on a 6.89± acre lot (300,128 sq ft). Constructed in 1984 with a significant addition in 2005, the property is currently 90% occupied, featuring a mix of retail and office tenants, including a major bank anchor. Located at 40 North Main Street in Pascoag, RI, this property enjoys a prime location in the commercial center of town, offering ample parking and handicap accessibility. The Village Commercial zoning allows for a variety of uses. Beyond the main building, the property includes eleven rear storage units and a detached garage. Its proximity to the Massachusetts border adds to its appeal. This well-maintained property represents a strong investment in a thriving community. The property's size and diverse tenant base provide a stable income stream and significant potential for future growth. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
VC · Pascoag, RICosts & 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.