34 Benefit Street

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 29999792
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 2,865 SF
Gross Building Area: 4,002 SF
Gross Land Area: 4,486 SF
Sale Price: $209,000
Unit Price: $72.95 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Fernandes Building
Usable Size (USF): 4,002 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/23/2017

Overview / Comments

SOLID WELL MAINTAINED MIXED USE IN PAWTUCKET. TWO CLEAN SPACIOUS UPDATED 2 BEDROOM APARTMENTS. IST FLOOR RETAIL. SEPARATE UTILITIES. FIRE CODE COMPLIANT. ALL NEW WINDOWS. IDEAL OPPORTUNITY TO OPERATE YOUR BUSINESS ON 1ST AND LIVE UPSTAIRS. AMPLE PARKING.

LOCATED AT BUSY INTERSECTION OF BROADWAY AND GEORGE BENNETT HIGHWAY. JUST MINUTES TO RT. 95. AND PAWTUCKET/ATTLEBORO LINE.

Highlights:
•SOLID MIXED USE INVESTMENT
•ALL SEPARATE UTILITIES
•CLEAN QUIET WELL MANAGED BUILDING
•LIVE/WORK POTENTIAL
•OCCUPIED WITH MONTH TO MONTH TENANTS
•BUILDING IN GREAT CONDITION

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $3,998 (Annual)
Tax Value Land $59,400
Tax Value Improvements $89,500
Assessed Value - Total($) $148,900 (Annual)
Potential Rental Income $28,920 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Pawtucket
Tax ID/APN: 05/0042
Zoning: RM MIXED USE
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: Broadway
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 988 SF
Property Condition: Good
Year Built: 1930
Year Renovated: 2009
Roof Type: Arched
Total Parking Spaces: 8
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Baseboard
Lot Frontage: 24'
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,158 145,448 308,101
Median Age: 36.64 37.18 36.43
Households: 11,189 57,421 119,804

Contact

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