0 Centre St Pawtucket, RI 02860
This exceptional 0.49-acre commercial property located at 0 Centre Street, Pawtucket, Rhode Island, presents a compelling investment opportunity for builders and developers. Currently zoned RM/CT, this 21,351 square foot parcel offers significant potential for residential redevelopment. The property, which includes a 12-unit apartment building, is situated on a highly visible corner lot, providing excellent access to major roadways and the commuter rail. The existing structure is currently used for additional parking. This prime location boasts high traffic visibility, ensuring convenient access for future residents. The property is being sold "as is," with no approvals in place. Prospective buyers are responsible for conducting all necessary due diligence, including environmental assessments, to determine the feasibility of their development plans. The asking price for this unique opportunity is $699,000. The property's size and zoning make it an ideal site for a comprehensive residential development project. This is a rare chance to acquire a substantial parcel in a desirable location with excellent transportation links. Don't miss this chance to capitalize on the potential of this prime Pawtucket property. The zip code is 02860.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.