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Industrial/Flex/Redevelopment 27-31 Privet St 29,188 SF Industrial Building Pawtucket, RI 02860 $1,750,000 ($59.96/SF)

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Executive Summary

Opportunity for industrial use or redevelopment off Lonsdale Avenue. Building has a new roof, sprinklers and renovated office space. Industrial use is grandfathered. Property is in a residential multifamily zone and would be a great apartment conversion or residential redevelopment project. Plenty of parking with convenient access on both Privet Street and Palm Street. Less than 1 mile to I-95.

Property Facts

Price	$1,750,000	No. Stories	2
Price Per SF	$59.96	Year Built	1919
Sale Type	Investment or Owner User	Tenancy	Single
Sale Conditions	Lease Option Redevelopment Project	Parking Ratio	3.43/1,000 SF
Property Type	Industrial	Clear Ceiling Height	12’
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Warehouse	No. Dock-High Doors/Loading	2
Building Class	B	No. Drive In / Grade-Level Doors	1
Lot Size	1.52 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	29,188 SF
Zoning	RM - Residential, mixed use

Price	$1,750,000
Price Per SF	$59.96
Sale Type	Investment or Owner User
Sale Conditions	Lease Option Redevelopment Project
Property Type	Industrial
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Warehouse
Building Class	B
Lot Size	1.52 AC
Rentable Building Area	29,188 SF
No. Stories	2
Year Built	1919
Tenancy	Single
Parking Ratio	3.43/1,000 SF
Clear Ceiling Height	12’
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RM - Residential, mixed use