Property profile

111 High St Pawtucket, RI 02860

OFF-MARKET
Showrooms
Property ID
US76-0195428
21,360 SF 1.04 ac lot Built 1968
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 42,918-square-foot mixed-use property at 111 High Street in Pawtucket, Rhode Island, presents a unique investment opportunity. Located in Providence County's historic downtown district, this two-story building boasts a prime location with excellent access to Interstate-95. The property sits on a 1.04-acre lot and offers a versatile layout suitable for various uses, including industrial, retail, and multifamily, thanks to its CD zoning (located in an Opportunity Zone). The building features two loading docks, one oversized garage door, and ample parking (2.76 spaces per 1,000 sq ft). The interior offers expansive open areas on both levels, with ceiling heights ranging from 12 to 14 feet, providing flexibility for customization. The building is equipped with a 1200 amp heavy power supply, gas utilities, city sewer and water, and a wet life safety system. Its proximity to City Hall, the historic Slater Mill, the Blackstone River, and recent developments including a new train station and soccer stadium, further enhances its appeal. This property is ideally situated to capitalize on Pawtucket's ongoing revitalization and growth. The building's substantial size, combined with its versatile zoning and convenient location, makes it an attractive option for owner-users seeking a significant presence in a thriving urban center. The existing infrastructure, including the loading docks and high-capacity power, makes it suitable for a variety of industrial or warehouse uses. The open floor plan allows for efficient space planning and adaptation to future needs.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,360 SF
Lot 1.04 ac (45,302 SF)
Zoning code CD
APN PAWT M:43 L:0626
UPID US76-0195428

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

111 High St Pawtucket, RI 02860
Pawtucket metro Census 15200 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2025
Last sale
$1.9M
2 recorded transactions
2025
$1.9M
2020
$1.1M

Zoning & alternative use

CD · Pawtucket, RI
Zoning description

Commercial Downtown (CD) District. The provision of off-street parking is not required for residential or nonresidential uses within the CD District. However, applicants choosing to have on-site parking must abide by the…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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