85-89 Pawtucket Avenue

Retail-Commercial for Sale
Catylist Listing ID: 29896474
Property Subtypes: Free-Standing Building, Mixed Use, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,529 SF
Gross Land Area: 9,934 SF
Sale Price: $205,900
Unit Price: $58.35 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Building Name: 85 Pawtucket Avenue
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2017

Overview / Comments

Well known stand-alone building, mixed-use commercial buildings. Social club, hair salon on first floor. Second and third floors are two-bedroom apartments. Ample on-site parking for 22 cars. Near shopping, bus, interstate and highway access, hospital, recreational facilities and schools. Road is municipal, state, black tar, sidewalks and street lights. Gas, telephone, cable television.
Building features restrooms. Electric, cooling.
Great price!
Taxes on this is $6,047.85

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Zoning: RM
Retail Clientele: General, Family, Business, Recreation
Property Located Between: Between East Avenue and Pine Street.
Property Visibility: Excellent
Largest Nearby Street: Route 95
Feet of Frontage: 82
Highway Access: Pawtucket Avenue is near interest and highway access. Also, near bus.
Airports: Providence
Site Description: Well known stand-alone building sits on 9,935 sq. feet of land and accommodate 22 plus cars and on-street parking. Property is partially fenced and flat. Close to both north and south exits of Route 95.
Area Description: Urban area and paved area.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 3 SF
Property Condition: Average
Year Built: 1898
Construction/Siding: Vinyl Siding
Exterior Description: Exterior has been remodeled with fairly new windows, roof and siding.
Parking Type: Surface
Parking Description: Property has ample for 22 cars.
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard
Air Conditioning: Window Unit
Interior Description: Interior is in good shape. First floor bar/social club is long-term and well established business. Hair salon is another long-term tenant. That area is basically wide open, Second and third floor two bedroom apartments are in good shape.
Zoning Description: Zoning is RM used as mixed-use.
Lot Frontage: 9,934
Lot Depth: 140 feet
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,162 200,572 386,750
Median Age: 34.68 35.69 35.65
Households: 12,508 79,216 148,372

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