Search
Pawtucket Mixed-Use Redevelopment Opportunity
For Sale
Contact for pricing

23 Exchange St, Pawtucket, RI 02860

Redevelopment opportunity in Pawtucket's Opportunity Zone with parking.

Property Size55,000 SF
Price / SF$47.27
Days on Market1303

Property Features for 23 Exchange St

General Information

Standard status Active
Size 55,000 SF
Class B
Property subtype Industrial, Mixed Use, Office
Zoning Opportunity zone
Investment Type Redevelopment

Building Details

Year Built 1920
Year Renovated 1970
Buildings 1
Stories 5
Listing Agency: ZJBV Properties LLC
Listed By: Brian Thibeault · License #NH
Source: Crexi
Added: Jan 26, 2023 Changed: Aug 8 Last Checked: Aug 20 at 4:36AM

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 ZJBV Properties LLC

Investment Insights

Based on property information with market context.

This mixed-use property, formerly the Pawtucket Times Building, presents a redevelopment opportunity. Located at 23 Exchange St, Pawtucket, RI 02860, the property is situated in an Opportunity Zone. The building encompasses approximately 55,000 square feet across five levels. The first level features a storefront, while the upper four levels previously served as office space. An elevator provides access to all floors. The property includes a 3,500 square foot drive-through high bay garage, and is equipped with a sprinkler system. Two large parking lots and three loading docks are available. The building also has a large basement suitable for storage. The floor plans are open, complemented by tall ceilings and large windows.

Key Highlights

  • Redevelopment Opportunity: Ideal for various projects.
  • Size: 55,000 Square Feet +/- offering substantial space.
  • Location: Situated in an Opportunity Zone providing potential tax benefits.

Property Analytics

Current Use

The Pawtucket Times Publishing House Empyreal Ink Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Locksmith Skin Care Clinic Carpet & Flooring Store Catering Service Garden 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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Redevelopment opportunity in Pawtucket's Opportunity Zone with parking.
Where is this mixed-use property located?
The property is located at 23 Exchange St Pawtucket, RI.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Redevelopment Opportunity: Ideal for various projects.; Size: 55,000 Square Feet +/- offering substantial space.; Location: Situated in an Opportunity Zone providing potential tax benefits.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message