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    Property profile & analytics
    OFF-MARKET Estimated value $570,000
    Investment properties

    580 Central Ave, Pawtucket, RI 02861-1956

    3,036 SF 0.13 ac lot Built 1930
    Entity Owned
    Property ID
    US76-0123728
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1930
    Construction FRAME
    Total area 3,036 SF
    Lot 0.13 ac (5,586 SF)
    Zoning code CL
    APN PAWT M:11 L:0541
    UPID US76-0123728
    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
    • Harmony & Rosa Spiritual Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    $550k
    Comparable Approach Comparable
    $453k
    Blend (final) Blend
    $570k
    Owner & transaction history
    Vmc Realty LLC
    Vmc Realty LLC
    since 2026
    Last sale
    $595,900
    7 recorded transactions
    2026
    $595,900
    2025
    $565,000
    2023
    2023
    2019
    $310,000
    2014
    2012
    $1
    Zoning & alternative use
    CL · Pawtucket, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $580,000 +34.6%
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