216 Main Street Pawtucket

$1,400,000
9,798 sq ft

The Property

Incredible investment opportunity in the heart of bustling downtown Pawtucket! This vacant mixed-use building is ready for transformation and offers massive potential for investors and developers. Featuring two prime retail spaces and eight additional residential units above, the property is ideal for a revitalization project in a high-traffic area. Located in a thriving commercial corridor with excellent visibility, foot traffic, and access to public transportation, shops, and restaurants. Construction can begin immediately—bring your vision and complete this project to unlock strong rental income and long-term value.

With a solid footprint and desirable layout, this building is a rare chance to create a dynamic mixed-use destination in one of Rhode Island’s most up-and-coming downtown districts. Don’t miss out on this exciting opportunity to invest in growth and community revitalization!

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Listing Details

MLS Number

1397725

Lot Size:

0.07 acres

Features

  • Downtown
  • Year Built: 1901

Market Trends for Commercial Properties
in Pawtucket

  • Overview
    Homes for Sale Today45-87.7% decrease in inventory
    New on Market *5-28.6% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$228.53$91 increase in List Price/Sq.Ft.
    Avg. Sale Price *$678,333$395,833 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *81.64%-5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$104.80$895 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *25043 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Limitless

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