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Mixed-Use Building with Retail
For Sale
$1,500,000
Pending

255 Main Street, Pawtucket, RI 02860

Commercial/Business,Commercial Sale, Pawtucket, RI

Property Size21,468 SF
Lot Size0.10 Acres
Days on Market232

Property Features for 255 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Downtown
Standard status Pending
Size 21,468 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5545

Building Details

Year built 1920
Number of units 2
Building materials Steel
Listing Agency: Century 21 Limitless · Century 21 Real Estate
Listed By: Kyle Seyboth · License #32535
Added: Jan 6 Changed: Aug 19 Last Checked: Aug 26 at 5:06AM
MLS# 1402728

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 255 Main Street, this 21,468-square-foot steel mixed-use building was constructed in 1920. The first floor contains a 4,000+ square-foot retail unit, while the four upper floors comprise more than 17,000 square feet identified for conversion into 28 residential units. The upper-level space provides a substantial redevelopment component within the existing building envelope.

The property sits in downtown Pawtucket, near amenities and transit. Its configuration combines an operating-format retail component with additional floors planned for residential redevelopment, creating a mixed-use layout suited to a buyer pursuing both commercial and residential components.

Key Highlights

  • 21,468‑square‑foot mixed‑use building on a 0.1‑acre lot
  • 4,000+ square‑foot first‑floor retail unit
  • Four upper floors spanning over 17,000 square feet

Property Analytics

Current Use

Marran III Joseph ... Law Firm Moretti Perlow & Bonin Law Firm Hetherington Hetherington Law Firm Blue Wave Poetics ... Recording Studio Bounce Kings Rental Rental Equipment Company

Suggested Use

Top Pick Real Estate Agency Locksmith Skin Care Clinic Parking Lot & Garage Carpet & Flooring Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,819
Businesses Nearby

Demographics for 02860, RI

47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four upper floors offer residential redevelopment potential above ground-floor retail.
Where is this mixed-use property located?
The property is located at 255 Main Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 21,468‑square‑foot mixed‑use building on a 0.1‑acre lot; 4,000+ square‑foot first‑floor retail unit; Four upper floors spanning over 17,000 square feet
More about this property
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