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    27 Privet St Pawtucket, RI 02860

    For Sale
    $1,800,000

    Apartment,Industrial,Multi Family,Office,Warehouse,Commercial

    Lot size:
    1.52 Acres
    Days on Market:
    274
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 27 Privet St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    RM
    Parking
    100
    Exterior features
    Free Standing
    Lot size
    1.52 Acres

    Utilities

    Heating system
    Central, Forced Air, Space Heater

    Building Details

    Year built
    1919
    Building materials
    Brick, Frame
    Architectural style
    Other

    Davelen, Inc., dba RE/MAX Professionals (401) 884-6050 [email protected]

    Listing agent Stacia Pietropaolo (401) 884-6050

    Listing date Mar 7, 2025

    MLS# 1378731 Listing URL

    Copyright © 2025 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.

    Overview

    Pawtucket Industrial Redevelopment Opportunity

    This property presents an opportunity for industrial use or redevelopment, situated off Lonsdale Avenue. The building features two loading docks and a large drive-in. It includes a new roof, sprinklers, and renovated office space. The industrial use is grandfathered. Located in a residential multifamily zone (RM), the property is suitable for apartment conversion or residential redevelopment. It offers ample parking with convenient access from both Privet Street and Palm Street. The property is less than 1 mile from I-95 and has a lot size of 1.52 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.401659
    Latitude
    41.879557

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    FAQs

    What type of property is this?
    Industrial property - Industrial building suitable for redevelopment or apartment conversion.
    Where is this industrial property located?
    The property is located at 27 Privet St Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity in a residential multifamily zone suitable for apartment conversion or residential project.; - Grandfathered industrial use allows for continued industrial operations.; - Convenient location less than 1 mile to I-95.
    (401) 884-6050
    Request Owner's contact information
    27 Privet St Pawtucket, RI 02860
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    Pawtucket, RI 02860
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27 Privet St Pawtucket, RI 02860
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