580 Central Ave, Pawtucket, RI 02861-1956
This exceptional mixed-use property at 580 Central Avenue, Pawtucket, Rhode Island, presents a unique investment opportunity. Built in 1930, this impeccably maintained building sits on a 5,663 square foot lot and offers a total of 3,306 square feet of space. The property comprises one building with a vibrant retail unit generating consistent income and two residential units – a spacious two-bedroom and a cozy one-bedroom – currently fully occupied. This blend of commercial and residential spaces provides a diversified income stream and caters to a variety of tenant needs. The retail space benefits from high foot traffic, ensuring strong occupancy rates. A detached garage adds further value, offering potential for additional income or convenient storage. Ample off-street parking is available for both residents and retail customers. Located in the thriving community of Pawtucket, Providence County, RI (zip code 02861), this property is ideally situated for success. The asking price is $589,900. This mixed-use gem offers significant potential for investors seeking steady returns or homeowners looking for an income-generating property. Don't miss this chance to acquire a well-maintained, income-producing asset in a desirable location.
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Harmony & Rosa Spiritual Center
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
Property description
Physical attributes from public recordsZoning & alternative use
CL · 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.