2761 Pawtucket AveEast Providence, RI 02914

Property Details for 2761 Pawtucket Ave

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.23 AC

Property size (Sq ft)

2,158 SF

Zone code

C2

Property type

Showrooms

APN

EPRO M:308 B:16 L:016 U:

APU

EPROM308B16L016U

Description

This exceptional 420-square-foot office/retail space is available for lease on Pawtucket Avenue in East Providence. The property boasts a single-tenant occupancy, offering privacy and convenience. Recent renovations have modernized the space, creating a fresh and functional environment for your business. A key benefit is the inclusion of dedicated parking, a rare and valuable asset in this busy location. The space also features a private bathroom, enhancing the overall comfort and convenience for occupants. Situated on the bustling Pawtucket Avenue, this property offers excellent visibility and accessibility for clients and employees. The building itself has undergone recent renovations and provides ample parking for tenants and visitors, mitigating the parking challenges often associated with high-traffic areas. This prime location on Pawtucket Avenue ensures high foot traffic and excellent exposure for your business. The combination of a newly renovated interior, dedicated parking, a private bathroom, and a highly visible location makes this an ideal space for a variety of businesses, including traditional office, medical office, creative office, executive office, or even a coworking space. The single-tenant occupancy provides a unique opportunity for a business seeking a private and well-equipped workspace. Don't miss this chance to secure this exceptional property in a thriving East Providence location.

• CAP approach

  CAP return

  Valuation

  6%

  $408,225

  6.5%

  $376,823

  7%

  $349,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $293,243

  Geo Method

  $293,243

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $734,841

  Mixed-Use / Specialty

  $375,479

  Hospitality / Lodging

  $275,477

  Office

  $373,249

  Institutional / Educational

  $390,347

  Residential Income

  $456,706

  Multifamily

  $547,749

  Automotive / Energy

  $334,583

  Parking / Income-Based Land

  $115,461

  Restaurant / Food Service

  $195,290

  Healthcare / Senior Housing

  $385,047

Location Insight

City

East Providence

County

Providence

State

Rhode Island

Latitude

41.7995

Longitude

-71.3632

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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