Large Mixed-Use
New
For Sale
$1,895,000
248 Pine, Pawtucket, RI 02860
Substantial mixed-use property beside the Pawtucket/Central Falls Train Station with redevelopment potential.
Property Size38,000 SF
Lot Size1.29 Acres
Price / SF$49.66
Days on Market4
Property Features for 248 Pine
General Information
Standard status
Active
Size
38,000 SF
Lot size
1.29 Acres
Property subtype
Commercial
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$10,640
Amenities
Corner Lot
Zoned Heating
Building Details
Year Built
1900
Building Size
38,000 SF
Listing Agency:
RI REAL ESTATE SERVICES
(401) 885-5400
Listed By:
MICHAEL RUSSO · License #REB.0018125
(401) 465-0417
Source:
Corcoran
Added: Sep 10
Changed: Sep 12
Last Checked: Sep 13 at 6:47AM
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 RI REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
The property comprises a 38,156-square-foot building on a 1.29-acre lot at 248 Pine in Pawtucket, Rhode Island. Built in 1900, the structure is identified as a mixed-use property and has been presented for consideration of residential, industrial, live/work, recreational, warehouse, retail, storage, and parking applications. Those uses reflect potential concepts rather than confirmed permitted uses.
The building is next to the new Pawtucket/Central Falls Train Station, placing the property alongside a transit center described as undergoing revitalization. The site is also located within an Opportunity Zone. Its substantial building area, large parcel, transit adjacency, and mixed-use classification provide a broad physical platform for evaluating redevelopment or reuse strategies.
The building is next to the new Pawtucket/Central Falls Train Station, placing the property alongside a transit center described as undergoing revitalization. The site is also located within an Opportunity Zone. Its substantial building area, large parcel, transit adjacency, and mixed-use classification provide a broad physical platform for evaluating redevelopment or reuse strategies.
Key Highlights
- 38,156‑square‑foot mixed‑use building
- 1.29‑acre lot
- Built in 1900
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,777
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Substantial mixed-use property beside the Pawtucket/Central Falls Train Station with redevelopment potential.
Where is this mixed-use property located?
The property is located at 248 Pine Pawtucket, RI.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 38,156‑square‑foot mixed‑use building; 1.29‑acre lot; Built in 1900
