23 Broad St Pawtucket, RI 02860-2959
- Showrooms
- 29,617 SF
- 0.23 lot acres
Current Use by Public Records
- Mc Grath Philip S DDS / Dentist
Property Details for 23 Broad St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 lot acres
- Property size
- 29,617 SF
- Zone code
- CD
- Property type
- Showrooms
- APN
- PAWT M:43 L:0560
- APU
- PAWTM43L0560
Description
This exceptional three-story brick building, located at 23 Broad Street in Pawtucket, Rhode Island, presents a unique investment opportunity. Originally constructed in 1888 and significantly renovated in 1923 and again in the mid-to-late 20th century, this 29,617 square foot property boasts a rich history and substantial potential. The building, encompassing addresses 9-27 Broad Street, features ground floor storefront units and is zoned CD (Commercial Downtown), offering flexibility for a variety of uses. Its exposed brick and historical character create an ideal canvas for adaptive reuse or redevelopment into residential, office, creative, or loft spaces. The 0.23-acre lot provides ample space for future development. The property's prime location offers convenient access to amenities and transportation options, enhancing its appeal to both residents and businesses. Annual property taxes are $11,495. This is a rare chance to acquire a landmark building in a thriving Rhode Island community for $1,600,000. The building's history includes tenancies by a commercial school and a clothing store.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,404,000
- AI Estimate
- $1,490,000
Market price range: $2.40M - $5.15MMarket price range: $1.49M - $4.39M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,715,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3861
- Latitude
- 41.8787
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA