245 Esten Avenue

Estimated Monthly Payment: $7,871/mo 245 Esten Avenue, Pawtucket, RI 02860 MLS# 72541129 Commercial/Industrial Listing Status: Active
48,900 sqft
21
6
0
0

REMARKS:

SOME SELLER FINANCING POSSIBLE!! ARE YOU LOOKING FOR CASH FLOW as Both an Investment or Owner User Property??? This approx. 48,900 square foot building currently has a Net Operating Income of approx. $123,000. ( Gross Annual Revenue approx. $151,200, expenses approx. only $29,000 annual ). Current NOI is approx. $123,000. 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 $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. Owner retiring and moving South!

OVERVIEW:

Commercial/Industrial
Commercial
Active
1900
48900
2.60
Combination
2
Open, 21+ Spaces, Paved Driveway, On Site
Open, 21+ Spaces, Paved Driveway, On Site
Public Water, Public Sewer, Natural Gas

ROOM INFO:

FINANCIAL:

$1,500,000
$12,364
2019

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of David Lenger, Keller Williams Realty

 

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