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Downtown Pawtucket Investment Opportunity
For Sale
$1,500,000
Pending

255 Main Street Pawtucket, Pawtucket, RI 02860

Mixed-use property with retail and residential development potential.

Property Size21,468 SF
Days on Market106

Property Features for 255 Main Street Pawtucket

General Information

Standard status Pending
Size 21,468 SF

Taxes and HOA fees

Annual Taxes $5,545

Building Details

Building Size 21,468 SF
Year Built 1920
Buildings 1
Listing Agency:
Listed By: Leanne McCormick
Source: Milestonerealtyinc
Added: May 15 Changed: Aug 28 Last Checked: Aug 28 at 7:52AM

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 Leanne McCormick

Investment Insights

Based on property information with market context.

This mixed-use property in downtown Pawtucket presents an investment and development opportunity. The property includes a retail unit on the first floor, offering over 4,000 square feet of space with visibility and foot traffic. The remaining four floors provide over 17,000 square feet, suitable for conversion into 28 residential units. This project allows for customization of the space for modern living. The location is near amenities, transit options, and future growth prospects. This property is suited for investors or developers aiming to contribute to downtown Pawtucket's development.

Key Highlights

  • Prime downtown Pawtucket location with high visibility and foot traffic.
  • Development opportunity to create 28 residential units.
  • Existing 4,000+ sq. ft. retail unit on the first floor.

Property Analytics

Current Use

Marran III Joseph ... Law Firm Moretti Perlow & Bonin Law Firm Hetherington Hetherington Law Firm Blue Wave Poetics ... Recording Studio Bounce Kings Rental Rental Equipment Company

Suggested Use

Top Pick Real Estate Agency Locksmith Skin Care Clinic Parking Lot & Garage Carpet & Flooring Store Tech Support 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with retail and residential development potential.
Where is this mixed-use property located?
The property is located at 255 Main Street Pawtucket Pawtucket, RI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime downtown Pawtucket location with high visibility and foot traffic.; Development opportunity to create 28 residential units.; Existing 4,000+ sq. ft. retail unit on the first floor.
More about this property
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