Central Falls RI Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
5,293
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1900
Baths:
MLS#:
1373300

ADDITIONAL INFORMATION

A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready. Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach. In essence, this mixed-use edifice is a rare blend of residential elegance and commercial opportunity, inviting discerning investors to harness its immense potential.

Type:
General Commercial
Sq.Ft.:
4,599
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1900
Baths:
MLS#:
1372588
Subdivision:
Broad Street

ADDITIONAL INFORMATION

Great investment opportunity! 5 unit building with 4, 2 bed units and 1, 4 bed unit on the first floor. House has been updated recently and is in very good condition including roof, windows, vinyl siding, heating systems and electrical. Off street parking with one space per unit and separate utilities for each unit. Rents are below market value but Tenants have been long-term and consistent. Coin op laundry and Tenant storage in basement. This is a great, turn-key property, fully rented with upside potential.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
1372186

ADDITIONAL INFORMATION

Investors take Notice! This is a package Sale! This complete portfolio consists of 3 properties, Residential-Commercial-Mixed Use, totaling 27 Units fully rented with waiting list. Units are in Superb, above average condition. Upgrades include New Kitchens, Baths, Flooring, Ceilings, Windows, Doors, Gas Boiler, Electric Meters, Vinyl Siding, New Asphalt parking lots, Roofs and much more! Income/Expense information for properties can be provided for interested Buyers. Property #1 747-751 Broad Street Breakdown: 6-4 Bedroom units 2-Retail stores With off street parking. Property #2 753-757 Broad Street Breakdown: 6 - 1 Bedroom units 2 - 2 Bedroom units 2 - Retail/Office Separate Lot included for off street parking. Property #3 78-82-84 Railroad Street (Consists of 2 Buildings) Front Building 4 Unit all 2 Bedroom units. Back Building 5 Unit 4 - 2 Bedroom units and 1 - 3 Bedroom Unit With off street parking. If you are looking to expand your portfolio, or seeking solid income, this is the one! Conveniently located near all conveniences, all shopping, restaurants, I-95, Pawtucket/Central Falls Commuter Rail Station. Subject to a successful 1031 Like Exchange. Exchange property has been identified. Please call with questions.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1920
Baths:
MLS#:
1371208

ADDITIONAL INFORMATION

PROFITABLE AUTO BODY BUSINESS. SALE PRICE INCLUDES REAL ESTATE, BUSINESS, EQUIPMENT AND LICENSES. THE SHOP HAS BEEN OPERATING AT THIS LOCATION FOR MANY YEARS AND WILL PAY FOR ITSELF IN LESS THAN TWO YEARS. THE SELLER MAY FINANCE UP TO 50% OF THE PURCHASE.

Type:
General Commercial
Sq.Ft.:
4,451
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1900
Baths:
MLS#:
1370027

ADDITIONAL INFORMATION

Welcome to this exceptional 5-unit multi-family property, featuring two homes on one lot, located in the heart of Central Falls, Rhode Island! This fantastic property includes four completely renovated apartments with a total of 8 bedrooms/ 4 full bathrooms at the front and a fully renovated 2-bedroom 2 Full Bathrooms single-family residence at the rear. It's a perfect opportunity for both owner-occupants and investors. The single-family home offers 2 spacious bedrooms and 2 modern bathrooms, along with a brand-new roof for added peace of mind. Both properties have been thoughtfully updated, with stylish vinyl flooring, sleek white cabinetry, and contemporary stainless-steel appliances throughout each unit. Additionally, 3 brand-new Navien systems have been installed for energy-efficient heating and hot water. Whether you're looking for an investment opportunity or the chance to live in one unit while renting out the others, this property offers great potential. Conveniently located near Highway 95 for an easy commute, it's just minutes from the new train station, 10 minutes from downtown Providence, and 40 minutes from Boston. Schedule your showing today and explore the possibilities!

Type:
General Commercial
Sq.Ft.:
5,691
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1900
Baths:
MLS#:
1364206

ADDITIONAL INFORMATION

2 buildings on 1 lot with total of 6 units, 10 garages and plenty of parking. Property being sold as is where is and subject to court approval and higher and better offers

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Andrea Conner, License REC.0018633, Xome Inc., License REC.0018633, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. 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. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.



Central Falls Real Estate

The median home value in Central Falls, RI is $357,000. This is lower than the county median home value of $372,900. The national median home value is $338,100. The average price of homes sold in Central Falls, RI is $357,000. Approximately 22.45% of Central Falls homes are owned, compared to 65.33% rented, while 12.22% are vacant. Central Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Central Falls real estate agent to arrange a tour today!

Central Falls, Rhode Island has a population of 22,192. Central Falls is more family-centric than the surrounding county with 29.09% of the households containing married families with children. The county average for households married with children is 27.53%.

The median household income in Central Falls, Rhode Island is $40,235. The median household income for the surrounding county is $65,797 compared to the national median of $69,021. The median age of people living in Central Falls is 31.6 years.

Central Falls Weather

The average high temperature in July is 82.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 49.9 inches per year, with 37.7 inches of snow per year.

Central Falls Real Estate Market Conditions

  • Median sales price

    $357,000
    16% change since last quarter
  • # Active listings

    19
    30-day change

Central Falls Schools and Demographics

Education near Central Falls, RI

Metric City County
High School Graduates 60.72 86.17
College Degree - 2 year 5.89 7.62
College Degree - 4 year 9.23 30.58
Graduate Degree 0.86 8.43
Expenditures per Student 18,605 18,605
Students per Teacher 13.4 13.4

Elementary Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
Agnes E. Little School KG - 05 428 15.3 02860
Cunningham School KG - 05 532 15.7 02860
Curvin-McCabe School KG - 05 440 14.2 02861
Elizabeth Baldwin School KG - 05 714 16.3 02860
Ella Risk School KG - 04 442 14.2 02863
Fallon Memorial School PK - 05 640 15.2 02861
Flora S. Curtis School PK - 05 350 12.7 02861
Francis J. Varieur School PK - 06 446 16.3 02860
G. Harold Hunt School PK - KG 91 9.4 02863
Henry J. Winters School KG - 06 471 17 02860
International Charter School KG - 05 325 14.8 02860
Joseph A. Whelan School KG - 05 260 16.4 02904
Lincoln Central Elementary School KG - 05 323 16.1 02865
Lonsdale Elementary School KG - 05 312 17.3 02865
Margaret I. Robertson School KG - 01 222 13.1 02863
Marieville School KG - 05 252 14.7 02904
Nathanael Greene School KG - 06 553 16.8 02860
Potter-Burns School KG - 05 516 16.9 02861
Saylesville Elementary School KG - 05 255 14.2 02865
Stephen Olney School KG - 05 296 16.8 02904
The Learning Community KG - 08 561 12.8 02863
Veazie Street School KG - 05 615 19.2 02904
Veterans Memorial Elementary School 01 - 04 503 15.7 02863

Middle Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
Birchwood Middle School 06 - 08 405 14.4 02904
Blackstone Valley Prep. 05 - 08 332 11.4 02865
Calcutt Middle School 05 - 08 660 15.3 02863
Esek Hopkins Middle School 06 - 08 574 16.1 02904
Goff Junior High School 06 - 08 658 15.3 02861
Joseph Jenks Junior High School 06 - 08 471 15.1 02860
Lincoln Middle School 06 - 08 775 16.9 02865
Samuel Slater Junior High School 06 - 08 684 15.7 02860
Segue Inst. for Learning 06 - 08 240 18.5 02863

High Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
Blackstone Academy Charter School 09 - 12 171 13.3 02860
Central Falls Senior High School 09 - 12 742 15.4 02863
Charles E. Shea High School 09 - 12 863 13.3 02860
Jacqueline M. Walsh School 09 - 12 192 14.2 02860
Lincoln Senior High School 09 - 12 918 15.1 02865
North Providence High School 09 - 12 970 11 02904
Sheila Skip Nowell Leadership 09 - 12 79 19.8 02863
William E Tolman Senior High School 09 - 12 996 11.4 02860

Ungraded Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
* Davies Career-Tech High School 09 - 12 826 11.8 02865
* E-Cubed Academy 09 - 12 353 13.1 02904

Demographics near Central Falls, RI

Metric City County
Neighborhood Type Inner City
Population 22,192 656,672
Population Density 18,571 1,604
Median Age 31.6 37.5
People per Household 3 2.5
Median Household Income 40,235 65,797
Average Income per Capita 17,962 34,889