Technical
Financial
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Property profile

655 Metacom Ave Bristol, RI 02809

OFF-MARKET
Showrooms
Property ID
US76-0097840
29,972 SF 3.78 ac lot Built 1960
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional property presents a unique opportunity for businesses seeking modern, furnished office space. Located in a GB zoned area, this single-tenant building offers 2,600 square feet of climate-controlled space, spread across multiple 12x12 office suites. Each suite is brand new and comes fully furnished with a desk and chairs, providing immediate occupancy. The property boasts a total of 164 parking spaces, ensuring ample convenience for employees and clients. Beyond individual suites, tenants enjoy access to shared amenities including a fully equipped kitchen, restrooms, a comfortable lounge/reception area, and free printing/copying services. The expansive 164,657 square foot lot provides ample room for future expansion or outdoor activities. The building itself is a single-story structure with 290 feet of frontage, offering excellent visibility and accessibility. This versatile property is suitable for a variety of uses, including traditional office, executive office, creative office, and even some agricultural or specialty service businesses, given its size and zoning. The all-inclusive nature of this offering eliminates the need for costly build-outs, utility management, and maintenance, allowing businesses to focus on growth and profitability. This is an ideal solution for entrepreneurs and small businesses seeking a turnkey office environment in a convenient and well-equipped setting.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,972 SF
Lot 3.78 ac (164,657 SF)
Zoning code GB
APN BRIS M:94 L:7
UPID US76-0097840

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Wash
  • Restaurant
  • Storage Facility Parking Lot & Garage
  • Take-out & Catering
  • Training Center Sports School

Location

655 Metacom Ave Bristol, RI 02809-5131
Bristol metro Census 30902 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$2.20M

Owner & transaction history

since 2022
Last sale
$2.1M
3 recorded transactions
2024
Price N/A
2022
$2.1M
2018
$1.6M

Zoning & alternative use

GB · Bristol, RI
Zoning description

GB Zone General business. This zoning district is intended for commercial areas that serve town-wide and regional commercial needs for retail services, and professional office establishments. D Zone Downtown. This zoning…

General category COMMERCIAL

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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