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Pawtucket Office Space Investment
For Sale
$1,050,000

700 School Street 2 Pawtucket, Pawtucket, RI 02860

Tenant-occupied office space with Class A buildout and long-term lease.

Property Size7,920 SF
Price / SF$132.58
Days on Market114

Property Features for 700 School Street 2 Pawtucket

General Information

Standard status Active
Size 7,920 SF
Total Parking Spaces 61

Taxes and HOA fees

Annual Taxes $14,367

Building Details

Building Size 7,920 SF
Year Built 2008
Buildings 1
Listed By: Crystal Silva
Source: Milestonerealtyinc
Added: May 15 Changed: Aug 31 Last Checked: Sep 4 at 2:29AM

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 Crystal Silva

Investment Insights

Based on property information with market context.

This commercial property in Pawtucket, Rhode Island, presents an investment opportunity with a tenant in place. The property, consisting of 7,920 square feet of office space, is currently leased to JBD/JGA, an architectural firm specializing in design work for country clubs, restaurants, and luxury homes. The tenant has occupied the space for several years and has approximately 4 years remaining on the current lease term. The space features a Class A buildout and is well-maintained. A new HVAC system was installed in 2024.

Key Highlights

  • High capitalization rate (nearly 10 cap)
  • Stable, long‑term tenant (JBD/JGA architectural firm) with 4 years remaining on the lease
  • Class A buildout and well‑maintained space

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Parking Lot & Garage Electrical Service

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

1,706
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
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Frequently Asked Questions

What type of property is this?
Office units - Tenant-occupied office space with Class A buildout and long-term lease.
Where is this office units located?
The property is located at 700 School Street 2 Pawtucket Pawtucket, RI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: High capitalization rate (nearly 10 cap); Stable, long‑term tenant (JBD/JGA architectural firm) with 4 years remaining on the lease; Class A buildout and well‑maintained space
More about this property
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