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Mixed-Use Retail and Residential Building
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958 Mineral Spring Ave, Pawtucket, RI 02860

Commercial retail space on the front with residential units above, supported by on-site parking for tenants and customers.

Property SizeContact for details
Days on Market138

Property Features for 958 Mineral Spring Ave

General Information

Standard status Active
Total Parking Spaces 14
Property subtype Special Purpose
Occupancy 100%

Additional Details

Cap Rate 8.8%
Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Century 21 The Seyboth Team
Listed By: Kyle Seyboth · License #RI, MA
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Aug 14 at 7:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 The Seyboth Team

Investment Insights

Based on property information with market context.

This mixed-use building offers commercial retail space on the front with residential units above. The property is described as well maintained by the owner and includes multiple updates, such as a new kitchen downstairs, a renovated bathroom, new floors in both residential units, repainted units, and added washer and dryer lines in the basement. The second floor is accessed via newly installed wooden stairs. Each residential unit has its own one-spot garage plus additional driveway parking. For the retail areas, parking is available in the back for up to 10 vehicles.

The building is positioned within a high-traffic area and is described as being 100% occupied. The public remarks note that both a phone store and a beauty store occupy two floors. The total monthly rental income is listed as $6,200, and tenants are reported to be on 1 to 2 year leases.

Key Highlights

  • Mixed‑use building with commercial retail on the front and residential units above
  • Total monthly rental income of $6,200 with 100% occupancy
  • 8.8 CAP rate and all tenants on 1–2 year leases

Property Analytics

Current Use

Phone Hub Electronics & Wireless Store Mariel Upholstery & Mattress Furniture & Home Goods

Suggested Use

Top Pick Dental Office Locksmith HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

719
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
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Frequently Asked Questions

What type of property is this?
Duplex - Commercial retail space on the front with residential units above, supported by on-site parking for tenants and customers.
Where is this duplex located?
The property is located at 958 Mineral Spring Ave Pawtucket, RI.
What are key features of this property?
This property features: Mixed‑use building with commercial retail on the front and residential units above; Total monthly rental income of $6,200 with 100% occupancy; 8.8 CAP rate and all tenants on 1–2 year leases
(508) 726-3492 Call to check price and availability
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