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511 Broadway

Pawtucket, RI 02860
  • $399,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 1322244
UPDATED: 175 min ago
$399,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,424
    SQFT
  • $165
    $/SQFT
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Two businesses operate from separate buildings on this lot right on Broadway. Wise Guys Deli has a 5-year lease with yearly escalations and an option under the same terms for an additional 5 years. The mechanic shop has been operating for 30 years and is month-to-month. Landlord pays general liability insurance and property taxes. This is an 8.1% CAP rate. See attached income and expense.

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-03T23:37:32.217.
www.onshorerealtors.com/homes/133979621
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511 Broadway Pawtucket, RI 02860

  • Price: $399,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 175 min ago
  • MLS #: 1322244
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,424
SQFT
$165
$/SQFT
1930
Built
County:
Providence
Area:
Pawtucket
Property Description
Two businesses operate from separate buildings on this lot right on Broadway. Wise Guys Deli has a 5-year lease with yearly escalations and an option under the same terms for an additional 5 years. The mechanic shop has been operating for 30 years and is month-to-month. Landlord pays general liability insurance and property taxes. This is an 8.1% CAP rate. See attached income and expense.
Exterior Features

Construction Materials Brick Parking Total 5

Property Features

Business Type Auto ServiceDeli/Catering Electric 3 Phase Land Lease YN No Property Sub Type Commercial Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 4823 Tax Assessed Value 166200 Tax Lot 0187 Tax Year 2022

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Circle 100 Real Estate: [IDXCONTACTINFORMATION].





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-03T23:37:32.217.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891