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Mixed-Use Brick Warehouse
New
For Sale
$1,895,000

248 Pine Street, Pawtucket, RI 02860

Commercial/Business,Commercial Sale, Pawtucket, RI

Property Size38,000 SF
Lot Size1.29 Acres
Price / SF$49.66
Days on Market1

Property Features for 248 Pine Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CT
Rooms Basement
Parking 50
Security features Security
Interior features Ceiling Height (12 to 15 Ft)
Basement Partial
Subdivision New Train Station
Lot features Corner Lot, Fenced, Paved, Sidewalks, Downtown, Free Standing, Urban
Standard status Active
Size 38,156 SF
Lot size 1.29 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10640

Utilities

Sewer type Public Sewer
Heating system Zoned
Water source Public

Building Details

Year built 1900
Floors in Building 1
Number of units 1
Building materials Brick
Listing Agency: Ri Real Estate Services
Listed By: Michael Russo · License #REB.0018125
Added: Sep 10 Last Checked: Sep 10 at 2:06PM
MLS# 1422933

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.

This 38,156-square-foot brick building, constructed in 1900, occupies a 1.29-acre parcel in Pawtucket. The property includes a basement, 12 to 15-foot ceiling heights, zoned heating, public water, and public sewer. CT zoning is identified for the site.

The building is located at 248 Pine Street near the Pawtucket/Central Falls Train Station and within an Opportunity Zone. Its substantial floor area and existing commercial construction support consideration for warehouse, storage, retail, industrial, mixed-use, recreational, or live/work applications, subject to applicable approvals.

Key Highlights

  • 38,156‑square‑foot brick building on a 1.29‑acre lot
  • CT zoning and Opportunity Zone designation
  • 12 to 15‑foot ceiling height

Property Analytics

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Current Use

Summit Manufacturing Corporation Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

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

1,777
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Large brick commercial building with flexible space, public utilities, and CT zoning in Pawtucket.
Where is this mixed-use property located?
The property is located at 248 Pine Street 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 brick building on a 1.29‑acre lot; CT zoning and Opportunity Zone designation; 12 to 15‑foot ceiling height
More about this property
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