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    245 Esten Avenue

    Pawtucket, RI 02860
    • $1,300,000
    • STATUS: Active
    • ON SITE: 360 days
    • MLS #: 1242950
    UPDATED: 28 min ago
    $1,300,000
    • 0
      BEDS
    • 2.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 48,900
      SQFT
    • $27
      $/SQFT
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Are you looking for a Cash Flow as Both an Investment or Owner User Property....$10,000 a month NET INCOME Before your Debt service!! This approx. 48,900 square foot building currently has a Net Operating Income of approx. $156,000. (Gross Annual Revenue approx. $156,000, seller expenses approx. $36,000 ) . There are currently 7 tenants...........all tenant at will except the dog groomer. Mixed use building........retail, light manufacturing, meeting space, sports complex..................a variety of uses!! POTENTIAL REALISTIC Net Operating Income is over $200,000. as rents are Below market values. Seven tenants currently, all TAW expect one lease which expires 2021. Property consists of 2.6 acres, and it is expandable. Excellent location next to Interstate 95. Property is an excellent value, offered for sale at only $30,00 per square foot! SEE ATTACHMENTS FOR INCOME AND EXPENSES AND A COPY OF THE PUBLIC RECORD AND BUILDING DIMENSIONS.Many possibilities!! EASY to see. Possible some owner financing.

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    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Mercurio Group Real Estate are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mercurio Group Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-12-05T20:37:32.75.
    www.mercuriogroup.com/homes/101633836
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    245 Esten Avenue Pawtucket, RI 02860

    • Price: $1,300,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 1242950
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.6
    Acres
    48,900
    SQFT
    $27
    $/SQFT
    1900
    Built
    County:
    Providence
    Area:
    Pawtucket
    Property Description
    Are you looking for a Cash Flow as Both an Investment or Owner User Property....$10,000 a month NET INCOME Before your Debt service!! This approx. 48,900 square foot building currently has a Net Operating Income of approx. $156,000. (Gross Annual Revenue approx. $156,000, seller expenses approx. $36,000 ) . There are currently 7 tenants...........all tenant at will except the dog groomer. Mixed use building........retail, light manufacturing, meeting space, sports complex..................a variety of uses!! POTENTIAL REALISTIC Net Operating Income is over $200,000. as rents are Below market values. Seven tenants currently, all TAW expect one lease which expires 2021. Property consists of 2.6 acres, and it is expandable. Excellent location next to Interstate 95. Property is an excellent value, offered for sale at only $30,00 per square foot! SEE ATTACHMENTS FOR INCOME AND EXPENSES AND A COPY OF THE PUBLIC RECORD AND BUILDING DIMENSIONS.Many possibilities!! EASY to see. Possible some owner financing.
    Exterior Features

    Construction Materials Brick Foundation Details BlockBrick/MortarConcrete Perimeter Frontage Length 350 Parking Total 200

    Interior Features

    Basement Partial Basement YN Yes Cooling None1 UnitWall Unit(S) Furnished Unfurnished Heating CentralGas

    Property Features

    Community Features Highway AccessPublic Transportation Electric 3 Phase200+ Amp ServiceCircuit Breakers440 Volts Green Energy Generation Solar Gross Income 151200 Inclusions Tenant Property Excluded Land Lease YN No Lease Considered YN Yes Listing Terms 1031 ExchangeOwner May Carry Second Operating Expense 28636 Owner Pays Exterior MaintenanceGrounds CareInsuranceManagementRoof MaintenanceSnow RemovalSewerTaxesWater Property Sub Type Commercial Road Frontage Type City Street Road Surface Type AsphaltPaved Security Features Fire Sprinkler System Sewer ConnectedPublic Sewer Tax Annual Amount 12366 Tax Assessed Value 372300 Tax Lot 0334 Tax Year 2018 Tenant Pays Air ConditioningElectricityHvac MaintenanceHeat Utilities Electricity AvailableNatural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesSewer ConnectedWater Connected Water Source ConnectedPublic Zoning Comm

    Listing information © 2020 State-Wide Multiple Listing Service.
    Listing provided courtesy of Exp Realty.





    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Mercurio Group Real Estate are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mercurio Group Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-12-05T20:37:32.75.
     
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    The Mercurio Group Real Estate
    641 Armistice Blvd.
    Pawtucket RI, 02861