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222 High St Pawtucket, RI 02860-2116

OFF-MARKET Showrooms Google Maps
10,440 SF 0.24 ac lot Built 1911
Individually Owned ~ Est. High Equity
Estimated value (blended)
$705k
Range $635k – $776k (±10%)
Property ID US76-0035774

Property summary

AI-generated overview

This exceptional commercial property, situated at 222 High Street in Pawtucket, Rhode Island, presents a compelling investment opportunity. Encompassing 0.24 acres, the building offers a spacious and adaptable layout suitable for a wide range of businesses. Its modern exterior design complements the historic charm of the neighborhood, creating a visually appealing presence. Inside, high ceilings and abundant natural light from large windows contribute to a bright and inviting atmosphere. The flexible floor plan allows for easy customization to meet the specific needs of any tenant. The property benefits from its location in a mixed-use zone, opening doors to diverse business possibilities. Pawtucket's strategic location near major highways ensures excellent accessibility for both customers and employees. The vibrant community offers a wealth of nearby amenities, including restaurants, shops, and parks, fostering a lively and convenient environment. Its proximity to Providence further enhances its appeal, attracting a broader client base. A significant advantage is the secured agreement with an adjacent property owner for the lease of 30 parking spaces, addressing a crucial need for convenient parking. Given Pawtucket's ongoing revitalization and development, this property represents a potentially lucrative investment for entrepreneurs seeking to establish or expand their business in Rhode Island. The asking price is $799,900.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1911
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,440 SF
Lot 0.24 ac (10,564 SF)
Zoning code RM
APN PAWT M:43 L:0537
UPID US76-0035774

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
$847k
Blend (final) Blend
$705k

Owner & transaction history

since 2026
Last sale
$600,000
3 recorded transactions
2026
$515,000
2021
$600,000
2013
$25,000

Zoning & alternative use

RM · Pawtucket, RI
Zoning description

Residential Multifamily RM. This zone is intended to continue single-household and multihousehold dwellings of specified density and building height in those areas where such development is prevalent. E. Residential Elev…

General category RESIDENTIAL

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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