400 Broad St - R&D FOR SALE


Central Falls, RI 02863
$2,323,447 USD
400 Broad St, Central Falls, RI for Sale
$2,323,447 USD
R&D - FOR SALE
1/3
null | 7% Cap Rate

400 Broad St
Central Falls, RI 02863


HIGHLIGHTS

  • Rent Increases to $162,641 in May of 2025 - 7% CAP on May 1, 2025
  • Recent early 5 Year Extension
  • This Hard Signalized Corner Is the Second Busiest Intersection in Town
  • Densely populated area with over 150K Residents within a 3 Mile Radius and over 40K Residents within a 1 Mile Radius
  • Sees Over 20,000 Vehicles Per Day

OVERVIEW

Exclusive Realty is pleased to present an exceptional opportunity for retail investors in Central Falls, RI. This impressive Dollar General boasts a spacious 11,986 SF building, presenting a prime location for retail business to thrive. Built in 1948 and comprising one unit, this property offers a sought-after combination of historic charm and modern potential. Zoned C-2, it is ideally suited for retail. With a location in the bustling Central Falls area, this property is perfectly positioned to attract a steady flow of customers. Don't miss the chance to invest in a property with such outstanding potential for retail success.

FOR SALE DETAILS

PRICE

$2,323,447 USD

PRICE/SF

$194 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.86

LAND SF

37,444

ZONING

C-2

APN/PARCEL ID

CENT-000005-000000-000059

ASK ABOUT THIS PROPERTY

Research In ProgressResearch In ProgressMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Research In ProgressResearch In ProgressMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.