732 Dexter St 3,559 SF 100% Leased Retail Building Central Falls, RI 02863 $650,000 ($182.64/SF)



INVESTMENT HIGHLIGHTS
- opportunity to expand its use! Included with the sale are approved plans and blueprints for the construction of two residential units on the second fl
- Potential for a mixed-use building.
- location benefits from high foot traffic and excellent visibility
- prime commercial property located in the heart of Central Falls, RI
EXECUTIVE SUMMARY
Unlock the potential of this prime commercial property located in the heart of Central Falls, RI! This versatile building features three established units: a thriving smoke shop, a trendy hair salon, and a fashionable clothing store. Each unit has access to a spacious storage area at the rear, providing convenience for inventory and supplies. What sets this property apart is the incredible opportunity to expand its use! Included with the sale are approved plans and blueprints for the construction of two residential units on the second floor, transforming this into a dynamic mixed-use building. With the potential for up to four units (buyers are encouraged to conduct their own due diligence), the possibilities are endless! Situated on a bustling Main Street with off-street parking, this location benefits from high foot traffic and excellent visibility, making it perfect for retail and service-oriented businesses. Plus, very close from the highway for easy access. Don’t miss out on this rare opportunity to invest in a property with both commercial and residential potential in a thriving area. Schedule your showing today!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$99,999
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$9.99
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
$99,999
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$9.99
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Taxes |
$99,999
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$9.99
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Operating Expenses |
-
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-
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Total Expenses |
$99,999
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$9.99
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Net Operating Income |
-
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-
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,559 SF
Year Built
1988
Price
$650,000
Price Per SF
$182.64
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
C-D
AMENITIES
- Freeway Visibility
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS








PROPERTY TAXES
Parcel Number | CENT-000008-000000-000087 | Total Assessment | $252,500 |
Land Assessment | $105,000 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $147,500 | Tax Year | 2024 |