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222 High Street, Pawtucket, RI, 02860 | $800,000
This commercial property located in Pawtucket, RI, boasts several appealing features that make it an attractive option for potential investors or businesses. The building includes a spacious layout that can accommodate various types of businesses. Its exterior showcases a modern design while retaining elements of the area's historic charm. Inside, the property offers high ceilings, large windows for natural light, and flexible floor plans that allow easy customization to fit specific business needs. The area is known for its rich industrial history and vibrant community. Pawtucket is strategically situated near major highways, making it accessible for businesses and customers alike. The property itself is in a mixed-use zone, allowing for diverse business opportunities. Nearby amenities, such as restaurants, shops, and parks, contribute to a lively environment. The location's proximity to Providence enhances its appeal, attracting both local and regional clients. Additionally, the sellers have an agreement with the nearby property owner to lease 30 parking spaces, significantly improving accessibility for customers and employees. Given Pawtucket's ongoing development and revitalization efforts, this address could be ideal for retail or other various ventures, making it a potentially lucrative investment for entrepreneurs looking to establish or expand their presence in Rhode Island.
Features
- Property Type: Commercial
- Construction: Brick
- Utilities: Sewer Connected
- Parking: 6-car
- Year Built: 1911
- Est. Taxes: $2,503
- Lot Desc: Historic District
- MLS#: 1371044
- Website: https://www.raveis.com
/prop/1371044/222highstreet_pawtucket_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
222 High Street, Pawtucket, RI, 02860
$800,000
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 | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $209 | $209 | $209 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,397 |
| Total Monthly Payment | $4,559 | $4,555 | $5,698 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB