163 165 BROAD Street, Pawtucket, RI, 02860 | $1,950

1-R Commercial unit for lease in a Mixed-Use building consisting of Owner's residence on 2-flr and owner-operated business on the 1-L Commercial. The offered unit is quite sizeable (1, 800 sq ft +/-), 12-15 walls and ceiling height. Some buildouts and equipment may be permitted to the use of the lessee, unit has its own restroom, separate heating (forced hot air-Gas), own electrical system adequate to most commercial uses, great lighting system (LED), plenty of windows and street parking spaces near Downtown and close to the new interstate train station. Restricted to certain uses only, prohibited from uses for: beauty salon, restaurant or catering, no paint shop, no machinery operations, no boutique shop or any sort of women's clothing sale, No Church or house of prayer, no gymnasiums. Shared security system with the owner on the Left, shared fire alarm system and hot water, all included in lease fee.

Features

  • Property Type: Commercial
  • Construction: Brick
  • Utilities: Cable Available,Electricity Available,Fiber Optic Available,Natural Gas Available,Natural Gas Connected,Municipal Utilities,Phone Available,Water Connected,Sewer Connected
  • Heating: Central,Forced Air,Individual
  • Cooling: 1 Unit,Central Air
  • Amenities: Business CenterBusiness Center,Highway Access,Public Transportation,Sidewalks,High Traffic Location,Street Lights
  • Units: 1
  • Zoning: CL
  • Frontage: 60
  • Year Built: 1926
  • Est. Taxes: $7,780
  • MLS#: 1351054
  • Website: https://www.raveis.com
    /prop/1351054/163165broadstreet_pawtucket_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Duke Silva Real Estate   Phone: 401-728-6431

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

163 165 BROAD Street, Pawtucket, RI, 02860

$1,950

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $1,560 $1,560 $1,560
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $648 $648 $648
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $11 $11 $13
Total Monthly Payment $734 $734 $736

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.