1925 Pawtucket AveEast Providence, RI 02914

  • Other commercial real estate
  • 18.01 AC
For Lease

Property Details for 1925 Pawtucket Ave

Lot size
18.01 AC
Zone code
C3
Property type
Other commercial real estate
APN
EPRO M:405 B:04 L:028 U:
APU
EPROM405B04L028U

Description

Wampanoag Plaza, a thriving grocery-anchored shopping center, presents a unique retail opportunity in East Providence, Rhode Island. Strategically situated at the northwest corner of Pawtucket Avenue and Taunton Avenue, this center boasts a total of 216,444 square feet of retail space. Currently, there is 10,320 square feet of vacant inline space available, perfect for a variety of retail uses. The center is anchored by a prominent Stop & Shop Supermarket (Ahold), ensuring consistent high foot traffic. Additional junior anchors include Marshalls and Savers, further enhancing the center's appeal and drawing a diverse customer base. This location benefits from a strong demographic profile, with over 90,752 people residing within a 3-mile radius, boasting an average household income exceeding $101,169. This translates to a significant consumer base with considerable spending power, making Wampanoag Plaza an attractive investment for businesses seeking high visibility and a robust customer catchment area. The available 24,025 square foot space offers a chance to establish a presence in a well-established and successful shopping center. This is an exceptional opportunity to capitalize on a prime retail location within a thriving community.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $148,461,104
    Hospitality
    $135,989,584
    Educational
    $113,141,736
    Medical
    $117,032,856
    Retail
    $175,998,256
1925 Pawtucket Ave, East Providence, Rhode Island

Location Insight

City
East Providence
County
Providence
State
Rhode Island
Latitude
41.8233
Longitude
-71.3575
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$536,079
-
-
$21,306,600
-
-
-
-

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