Property summary
This exceptional commercial property at 92 Pleasant Street, Pawtucket, RI, presents a unique investment opportunity. The WM K Toole Building boasts a substantial 17,040 square feet of space, distributed across four floors, each offering over 4,000 square feet of versatile area. Situated on a 0.31-acre lot, the building benefits from prominent frontage on both Pleasant Street and Taft Street, ensuring maximum visibility and accessibility. Its strategic location offers unparalleled exposure to significant highway traffic, making it ideal for a wide range of commercial ventures. The building is equipped with a newly installed fire alarm system, enhancing safety and security. Two convenient overhead doors facilitate easy loading and unloading, while ample parking is available on the property. This property is perfectly suited for developers seeking a prime location for a new project, businesses looking for owner-occupancy, or a combination of both uses. The building's size and location make it an attractive prospect for a variety of commercial enterprises seeking to establish or expand their operations in a high-traffic area. The asking price is $795,000.
Property profile
VerifiedCap rate & NOI
Current use
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Electrical Service General Contractor
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Industrial Manufacturer
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Commercial Downtown (CD) District. The provision of off-street parking is not required for residential or nonresidential uses within the CD District. However, applicants choosing to have on-site parking must abide by the…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CD · Pawtucket, RICommercial Downtown (CD) District. The provision of off-street parking is not required for residential or nonresidential uses within the CD District. However, applicants choosing to have on-site parking must abide by the…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Commercial Downtown (CD) District. The provision of off-street parking is not required for residential or nonresidential uses within the CD District. However, applicants choosing to have on-site parking must abide by the…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CD in Pawtucket, RI.
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