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Mixed Use Mill Building 125-135 Clay St 123,500 SF 76% Leased Industrial Building Central Falls, RI 02863 $4,995,000 ($40.45/SF)

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EXECUTIVE SUMMARY

Industrial Past and Current Use with Potential Multi-Family Conversion
93 Parking Spaces
Newer Roof
Fire Suppression System, with quarterly inspections
Excellent Floor Plan for Multi-Family use

PROPERTY FACTS

Price $4,995,000
Price Per SF $40.45
Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.89 AC
Rentable Building Area 123,500 SF
No. Stories 3
Year Built 1900
Parking Ratio 0.75/1,000 SF
No. Dock-High Doors/Loading 2
Zoning M1 - Commercial / Industrial Zoning Change to Allow Multifamily

AMENITIES

  • Bus Line
  • Commuter Rail
  • Fenced Lot
  • Signage

UTILITIES

  • Water - City
  • Sewer - City
  • Heating - Oil (Fired)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Basement - 103A
  • 165 SF
  • Industrial
  • -
  • Now
  • Basement - 114
  • 1,146 SF
  • Industrial
  • -
  • Now
  • Basement - B115
  • 3,860 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • Basement - B123
  • 267 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • 1st Fl-Ste 104
  • 144 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Fl - 106
  • 3,255 SF
  • Industrial
  • -
  • Now
  • 1st Fl - 135 Clay
  • 3,872 SF
  • Industrial
  • Full Build-Out
  • Now

This unit is a very large open unit with endless opportunities! Located on the ground level, with a private entrance directly from the parking lot. Perfectly situated for customers or visitors.

  • 2nd Fl - 201
  • 132 SF
  • Industrial
  • -
  • Now
  • 2nd Fl - 201O
  • 220 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • 2nd Fl - 203O
  • 144 SF
  • Industrial
  • Partial Build-Out
  • Now

Prices quoted are subject to additional fees

  • 2nd Fl-Ste 206
  • 303 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 207O
  • 220 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl - 211
  • 2,220 SF
  • Industrial
  • Full Build-Out
  • Now

Large space with lots of natural light, currently divided by temporary walls that can be removed to open the space up. Easy access to loading dock and elevator. Open ceilings that have been painted black.

  • 2nd Fl - 214
  • 2,286 SF
  • Industrial
  • Shell Space
  • Now

Open and finished studio space just off the stairwell from the 127 Clay Street Entrance with easy access to elevators. Included in the studio is a full bathroom. Clean and open space with tons of natural light and a lot of potential! Prices quoted are subject to additional fees.

  • 2nd Fl - 217B
  • 279 SF
  • Industrial
  • -
  • Now
  • 2nd Fl - 223
  • 463 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • 2nd Fl - 227
  • 138 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • 2nd Fl-Ste 298
  • 298 SF
  • Office
  • Full Build-Out
  • Now
  • 3rd Fl - 301
  • 580 SF
  • Industrial
  • Full Build-Out
  • Now

One of the only apartments in the building.

  • 3rd Fl - 303
  • 1,350 SF
  • Industrial
  • Partial Build-Out
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • 3rd Fl - 305
  • 360 SF
  • Industrial
  • -
  • Now
  • 3rd Fl-Ste 312
  • 320 SF
  • Office
  • Full Build-Out
  • Now
  • 3rd Fl-Ste 317
  • 550 SF
  • Office
  • Full Build-Out
  • Now
  • 3rd Fl - 319
  • 1,225 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • 3rd Fl - 323
  • 1,195 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

  • 3rd Fl - 325
  • 1,763 SF
  • Industrial
  • Partial Build-Out
  • Now
  • 3rd Fl - 326
  • 104 SF
  • Industrial
  • -
  • Now
  • 3rd Fl - 330
  • 90 SF
  • Industrial
  • Partial Build-Out
  • Now
  • 3rd Fl - 331
  • 510 SF
  • Industrial
  • Partial Build-Out
  • Now
  • 3rd Fl - 332
  • 536 SF
  • Industrial
  • Partial Build-Out
  • Now
  • 3rd Fl - 334
  • 274 SF
  • Industrial
  • Partial Build-Out
  • Now

Rent is $500 per month

  • 3rd Fl - 335
  • 1,043 SF
  • Industrial
  • Spec Suite
  • Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

Space Size Space Use Condition Available
Basement - 103A 165 SF Industrial - Now
Basement - 114 1,146 SF Industrial - Now
Basement - B115 3,860 SF Industrial Spec Suite Now
Basement - B123 267 SF Industrial Spec Suite Now
1st Fl-Ste 104 144 SF Office Full Build-Out Now
1st Fl - 106 3,255 SF Industrial - Now
1st Fl - 135 Clay 3,872 SF Industrial Full Build-Out Now
2nd Fl - 201 132 SF Industrial - Now
2nd Fl - 201O 220 SF Industrial Spec Suite Now
2nd Fl - 203O 144 SF Industrial Partial Build-Out Now
2nd Fl-Ste 206 303 SF Office Full Build-Out Now
2nd Fl-Ste 207O 220 SF Office Full Build-Out Now
2nd Fl - 211 2,220 SF Industrial Full Build-Out Now
2nd Fl - 214 2,286 SF Industrial Shell Space Now
2nd Fl - 217B 279 SF Industrial - Now
2nd Fl - 223 463 SF Industrial Spec Suite Now
2nd Fl - 227 138 SF Industrial Spec Suite Now
2nd Fl-Ste 298 298 SF Office Full Build-Out Now
3rd Fl - 301 580 SF Industrial Full Build-Out Now
3rd Fl - 303 1,350 SF Industrial Partial Build-Out Now
3rd Fl - 305 360 SF Industrial - Now
3rd Fl-Ste 312 320 SF Office Full Build-Out Now
3rd Fl-Ste 317 550 SF Office Full Build-Out Now
3rd Fl - 319 1,225 SF Industrial Spec Suite Now
3rd Fl - 323 1,195 SF Industrial Spec Suite Now
3rd Fl - 325 1,763 SF Industrial Partial Build-Out Now
3rd Fl - 326 104 SF Industrial - Now
3rd Fl - 330 90 SF Industrial Partial Build-Out Now
3rd Fl - 331 510 SF Industrial Partial Build-Out Now
3rd Fl - 332 536 SF Industrial Partial Build-Out Now
3rd Fl - 334 274 SF Industrial Partial Build-Out Now
3rd Fl - 335 1,043 SF Industrial Spec Suite Now

Basement - 103A

Size
165 SF
Space Use
Industrial
Condition
-
Available
Now

Basement - 114

Size
1,146 SF
Space Use
Industrial
Condition
-
Available
Now

Basement - B115

Size
3,860 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

Basement - B123

Size
267 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

1st Fl-Ste 104

Size
144 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl - 106

Size
3,255 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 135 Clay

Size
3,872 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Fl - 201

Size
132 SF
Space Use
Industrial
Condition
-
Available
Now

2nd Fl - 201O

Size
220 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

2nd Fl - 203O

Size
144 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 206

Size
303 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 207O

Size
220 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl - 211

Size
2,220 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Fl - 214

Size
2,286 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

2nd Fl - 217B

Size
279 SF
Space Use
Industrial
Condition
-
Available
Now

2nd Fl - 223

Size
463 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

2nd Fl - 227

Size
138 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

2nd Fl-Ste 298

Size
298 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl - 301

Size
580 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

3rd Fl - 303

Size
1,350 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

3rd Fl - 305

Size
360 SF
Space Use
Industrial
Condition
-
Available
Now

3rd Fl-Ste 312

Size
320 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 317

Size
550 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl - 319

Size
1,225 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

3rd Fl - 323

Size
1,195 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

3rd Fl - 325

Size
1,763 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

3rd Fl - 326

Size
104 SF
Space Use
Industrial
Condition
-
Available
Now

3rd Fl - 330

Size
90 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

3rd Fl - 331

Size
510 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

3rd Fl - 332

Size
536 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

3rd Fl - 334

Size
274 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

3rd Fl - 335

Size
1,043 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

Basement - B115

Size 3,860 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

Basement - B123

Size 267 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

1st Fl - 106

Size 3,255 SF
Space Use Industrial
Condition -
Available Now

1st Fl - 135 Clay

Size 3,872 SF
Space Use Industrial
Condition Full Build-Out
Available Now

This unit is a very large open unit with endless opportunities! Located on the ground level, with a private entrance directly from the parking lot. Perfectly situated for customers or visitors.

2nd Fl - 201O

Size 220 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

2nd Fl - 203O

Size 144 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Prices quoted are subject to additional fees

2nd Fl - 211

Size 2,220 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Large space with lots of natural light, currently divided by temporary walls that can be removed to open the space up. Easy access to loading dock and elevator. Open ceilings that have been painted black.

2nd Fl - 214

Size 2,286 SF
Space Use Industrial
Condition Shell Space
Available Now

Open and finished studio space just off the stairwell from the 127 Clay Street Entrance with easy access to elevators. Included in the studio is a full bathroom. Clean and open space with tons of natural light and a lot of potential! Prices quoted are subject to additional fees.

2nd Fl - 223

Size 463 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

2nd Fl - 227

Size 138 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

3rd Fl - 301

Size 580 SF
Space Use Industrial
Condition Full Build-Out
Available Now

One of the only apartments in the building.

3rd Fl - 303

Size 1,350 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

3rd Fl - 319

Size 1,225 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

3rd Fl - 323

Size 1,195 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

3rd Fl - 334

Size 274 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Rent is $500 per month

3rd Fl - 335

Size 1,043 SF
Space Use Industrial
Condition Spec Suite
Available Now

Ideal for small to mid-size businesses, startups, or larger corps that need satellite offices.

Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CENT-000005-000000-000029
Land Assessment
$237,100
Improvements Assessment
$3,991,600
Total Assessment
$4,228,700
  • Listing ID: 36615576

  • Date on Market: 7/4/2025

  • Last Updated:

  • Address: 125-135 Clay St, Central Falls, RI 02863

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