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Historic Mill Industrial Property
New
For Sale
$3,250,000

535 Pawtucket Avenue, Pawtucket, RI 02860

Large historic mill building with a separately parceled parking area and existing tenant income.

Property Size115,034 SF
Price / SF$28.25
Days on Market5

Property Features for 535 Pawtucket Avenue

General Information

Standard status Active
Size 115,034 SF
Total Parking Spaces 72
Property subtype Industrial

Building Details

Building Size 115,034 SF
Year Built 1900
Buildings 1
Listing Agency: MG Commercial
Listed By: Leeds Mitchell IV, SIOR · License #RI #REB.0019529
Source: Mgcommercial
Added: Sep 6 Changed: Sep 8 Last Checked: Sep 9 at 7:18AM

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 MG Commercial

Investment Insights

Based on property information with market context.

This industrial property includes a historic mill building constructed in 1900 with approximately 115,034 square feet. A separate 25,200-square-foot parcel provides 72 parking spaces, adding dedicated parking to the substantial building footprint. Existing tenant income is associated with the property.

Located at 535 Pawtucket Avenue in Pawtucket, Rhode Island, the asset is presented as suitable for adaptive reuse or redevelopment. The property information also identifies possible residential or mixed-use conversion, subject to applicable approvals and requirements.

Key Highlights

  • Approximately 115,034 SF historic mill building
  • Separate 25,200 SF parking parcel
  • 72 parking spaces

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Law Firm Restaurant

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

1,597
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
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Frequently Asked Questions

What type of property is this?
Industrial property - Large historic mill building with a separately parceled parking area and existing tenant income.
Where is this industrial property located?
The property is located at 535 Pawtucket Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Approximately 115,034 SF historic mill building; Separate 25,200 SF parking parcel; 72 parking spaces
More about this property
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