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- LoopNet Team
245 Esten Ave
Pawtucket, RI 02860
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- near I-95, excellent highway access
PROPERTY FACTS
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
| Parcel Number | PAWT-000062-000000-000334 | Improvements Assessment | $1,174,000 |
| Land Assessment | $240,800 | Total Assessment | $1,414,800 |
PROPERTY TAXES
