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24 Newport Ave 4,204 SF 100% Leased Office Building Pawtucket, RI 02861 $495,000 ($117.75/SF)

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EXECUTIVE SUMMARY

Conway Commercial Group is representing the sale of this mixed-use property located on the very busy corridor of Newport Avenue. The property consists of a first-floor office space currently leased to Jackson Hewitt Tax Services. The second floor is a 2-bedroom apartment with living room, eat-in kitchen and tile bathroom. Additionally, there is a 2-car garage currently occupied by the residential tenant. Ample parking exists in both the front and rear of the property.
Significant development has and continues to occur along this busy retail corridor.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Office/Residential

Building Size

4,204 SF

Building Class

Year Built/Renovated

1948/2020

Price

$495,000

Price Per SF

$117.75

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

1,207 SF

Slab To Slab

10’

Building FAR

0.32

Lot Size

0.30 AC

Zoning

RS - Mixed use. Residential and commercial.

Parking

8 Spaces (1.9 Spaces per 1,000 SF Leased)

24 Hour Access

Bus Line

MAJOR TENANTS

Professional, Scientific, and Technical Services
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Triple Net
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Jackson Hewitt has over 40 years of tax experience serving hardworking American communities. With their name on more than 65 million tax returns, they offer guaranteed accuracy—no guessing, just results. Clients can enjoy low-stress tax filing with fixed rates, no pre-payment penalties, and even holiday cash when it’s needed most. Whether visiting a local office or a Walmart location, taxpayers can rely on Jackson Hewitt’s trusted experts to file accurately and maximize refunds. Their guiding principle: “When every dollar matters, it matters who does your taxes®.”