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Investment Highlights

  • Excellent Investment return
  • Class A Buildout
  • Turnkey Easy Investment

Data Room Click Here to Access

1 Unit Available

Unit 2

Unit Size 7,920 SF
Price $1,641,600 CAD
Price Per SF $207.27 CAD
Condo Use Office
Sale Type Investment
Cap Rate 9.88%
NOI $162,175.04 CAD
Sale Conditions 1031 Exchange
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.

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Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 20,784 SF
Property Type Flex (Condo)
Property Subtype
Flex Research & Development
  • Flex Showroom
  • OfficeLoft Creative Space
  • Office Office Residential
Building Class A
Floors 1
Typical Floor Size 20,784 SF
Year Built 1980
Lot Size 1.31 AC
Parking Ratio 2.93/1,000 SF
Zoning MO

Amenities

  • Bus Line
  • Security System
  • Signage
  • Wheelchair Accessible
  • Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 40492917

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 700 School St, Pawtucket, RI 02860

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