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700 School St
Pawtucket, RI 02860 The Plains

$1,200,000 USD

Research And Development Condo For Sale  •  7,920 SF

Property Details

  • Property Type Research And Development
  • Total Building Size 20,784 SF
  • Lot Size 1.31 AC
  • Building Class A
  • Year Built 1980
  • Tenancy Multiple
  • Zoning MO
30 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 2 Office 7,920 SF $1,200,000 USD
  • Unit Size: 7,920 SF
  • Condo Use: Office
  • Price: $1,200,000 USD
  • Sale Type: Investment
  • Price/SF: $151.52 USD
Description
Class A buildout, 100% occupied by JBD/JDA Architects. They use the space for meeting high end clients and design work. JBD specializes if providing designs for country clubs, restaurants and luxury homes up and down the east coast. They have occupied the space for over 20 years, keep it in excellent condition and have about 4 years left on their current lease. The unit shows very well.

Sale Notes
Prime 1031 or investor opportunity. It's a true 9.88 cap based on 2025 numbers. The tenant is very profitable, and comfortable in the space. Listing agent is a principal.

Highlights

Excellent Investment return
Turnkey Easy Investment
Class A Buildout

Amenities

  • Bus Line
  • Security System
  • Signage
  • Wheelchair Accessible
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Pawtucket/Central Falls (Foxboro Event Service - MBTA, Providence/Stoughton Line - MBTA) 4 min - 2.5 mi
South Attleboro (Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 3.9 mi
AirportDriveWalkDistance
Rhode Island Tf Green International 25 min - 13.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 61
Type: Surface
Included in Rent: Yes
Andrew Kushner 617-571-9190 Spinnaker Group Inc
Andrew Kushner 617-571-9190 Spinnaker Group Inc