700 School Street, Unit#2 Pawtucket

$1,200,000
7,920 sq ft

The Property

Excellent investment. Nearly a 10 cap!! The tenant has occupied the space for many years and has about 4 years left on their current term. The space is leased to JBD/JGA and architectural firm that specializes in design work for country clubs, restaurants and luxury homes up and down the east coast. They have been an excellent tenant and are quite successful.

The space has a Class A buildout and is very well maintained. New HVAC system was installed in 2024.

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Listing Details

MLS Number

1412389

Lot Size:

1.31 acres

Features

  • Interstate
  • Heating: Forced Air
  • Heating Fuel: Forced Air
  • Industrial Park
  • Office Park
  • Year Built: 2008

Market Trends for Commercial Properties
in Pawtucket

  • Overview
    Homes for Sale Today40-89.8% decrease in inventory
    New on Market *9100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$69.23$69 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$548,667 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$222 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *156 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Spinnaker Group Inc.

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