255 Main Street Pawtucket

$1,550,000
21,468 sq ft

The Property

Incredible investment and development opportunity in the heart of downtown Pawtucket! This prime property features a 4,000+ sq. ft. retail unit on the first floor, offering substantial visibility and foot traffic. The remaining four floors, spanning over 17,000 sq.

ft., are primed for transformation into 28 residential units, catering to the growing demand for housing in this vibrant, evolving area. With a strong foundation in place, this project offers a blank canvas to finish and customize the space for modern living. The location is unbeatable, just minutes from key amenities, transit, and the area’s future growth prospects. Don’t miss this rare chance to capitalize on a highly sought-after location in a rapidly developing market. Perfect for experienced investors or developers looking to make a lasting impact on downtown Pawtucket’s landscape.

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Listing Details

MLS Number

1397722

Lot Size:

0.10 acres

Features

  • Downtown
  • Year Built: 1920

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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