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This Industrial Property is no longer advertised on LoopNet.com.

245 Esten Ave
Pawtucket, RI 02860

Industrial Property For Sale

Investment Highlights

  • near I-95, excellent highway access

PROPERTY FACTS

Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Showroom
  • Industrial Warehouse
Building Class C
Lot Size 2.60 AC
Rentable Building Area 42,000 SF
No. Stories 2
Year Built 1900
Parking Ratio 3.57/1,000 SF
Clear Ceiling Height 18 FT
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 1

Amenities

  • Bus Line
  • Fenced Lot

About 245 Esten Ave , Pawtucket, RI 02860

ARE YOU LOOKING FOR CASH FLOW as Both an Investment or Owner User Property??? This approx. 42,000 square foot building currently has a Net Operating Income of approx. $117,000. ( Gross Annual Revenue approx. $133,200, expenses approx. only $15,000 annual ). Current NOI is approx. $117,000. POTENTIAL REALISTIC Net Operating Income is over $200,000 annual as rents are Below Market Values. Seven tenants currently, 3 tenants on leases, 4 tenants are Month to Month. Excellent REALISTIC CAP Rate. This 48,900 square foot building, on an Expandable 2.6 acres, is offered at only approx. $30,00 Per Square Foot. Cash Flow is excellent, Potential Cash flow very attractive AND building offered at only approx. $30.00 PSF. SEE ATTACHED FOR INCOME AND EXPENSES AND FOR A COPY OF THE PUBLIC RECORD AND BUILDING DIMENSIONS. Easy to see.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PAWT-000062-000000-000334
Land Assessment
$240,800
Improvements Assessment
$1,018,100
Total Assessment
$1,258,900

zoning

Zoning Code MO
MO
  • Listing ID: 16761788

  • Date on Market: 7/30/2019

  • Last Updated:

  • Address: 245 Esten Ave, Pawtucket, RI 02860

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