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385 East Avenue

Pawtucket, RI 02860
  • $150,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 1330628
UPDATED: 40 min ago
$150,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1963
County:
Area:

School Ratings & Info

Description

The Blackstone Market Convenience Store has been servicing the Oak Hill neighborhood for decades. Located at the corner of Patt St and East Ave, this location offers incredible exposure on a high traffic road and easy access to customers. The building is ~2000 sqft set on a ~11,600 sqft lot in a Commercial Local (CL) zone. The store offers Tobacco and Cigarette, Ice-Cream, ATM, Coffee, Beverages and Food. The store also comes with a fully furnished commercial kitchen for pizzas and sandwiches that hasn't been in operation in several years but offers a new owner an immediate growth avenue for the business. Other ideas to expand the operation include: Lottery, expand coffee shop offerings, deli. The sale price includes the cost of the business operation and the cost of inventory. The buyer will also be renting the spaces from the current owner/operator. Asking rent is $2,800 NNN per month or $16.6 per sqft per year base rent. NNN is approximately an additional $7 per sqft per year. Cost of inventory is ~$30,000.

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[Rhode Island Statewide MLS] logo

© 2023 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 Forever Homes Real Estate, LLC 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 Forever Homes Real Estate, LLC. 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: 2023-06-04T19:38:01.127.
www.foreverhomesrealestate.net/homes/137334918
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385 East Avenue Pawtucket, RI 02860

  • Price: $150,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 40 min ago
  • MLS #: 1330628
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1963
Built
Neighborhood:
Oak Hill
County:
Providence
Area:
Pawtucket
Property Description
The Blackstone Market Convenience Store has been servicing the Oak Hill neighborhood for decades. Located at the corner of Patt St and East Ave, this location offers incredible exposure on a high traffic road and easy access to customers. The building is ~2000 sqft set on a ~11,600 sqft lot in a Commercial Local (CL) zone. The store offers Tobacco and Cigarette, Ice-Cream, ATM, Coffee, Beverages and Food. The store also comes with a fully furnished commercial kitchen for pizzas and sandwiches that hasn't been in operation in several years but offers a new owner an immediate growth avenue for the business. Other ideas to expand the operation include: Lottery, expand coffee shop offerings, deli. The sale price includes the cost of the business operation and the cost of inventory. The buyer will also be renting the spaces from the current owner/operator. Asking rent is $2,800 NNN per month or $16.6 per sqft per year base rent. NNN is approximately an additional $7 per sqft per year. Cost of inventory is ~$30,000.
Exterior Features

Construction Materials Masonry Foundation Details BlockConcrete Perimeter Frontage Length 130 Lot Features Corner Lot Parking Total 15

Interior Features

Basement None Basement YN No Building Features Public Restrooms Cooling Central Air

Property Features

Business Type Convenience Store Community Features Highway AccessNear SchoolsPublic TransportationShoppingSidewalksHigh Traffic Location Electric 200+ Amp Service Inclusions RefrigeratorsCoolersEquipped Commercial KitchenAtm (Not Owned)Ice-Cream (Not Owned). Land Lease YN No Possible Use Commercial Property Sub Type Business Road Frontage Type City Street Sewer Connected Tax Annual Amount 7867 Tax Assessed Value 271100 Tax Lot 637 Tax Year 2023 Utilities Electricity AvailableNatural Gas AvailableNatural Gas ConnectedSewer Connected Water Source Connected Zoning Cl

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Exp Realty: [IDXCONTACTINFORMATION].



[Rhode Island Statewide MLS] logo

© 2023 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 Forever Homes Real Estate, LLC 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 Forever Homes Real Estate, LLC. 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: 2023-06-04T19:38:01.127.
 
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