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Executive Summary

535 Pawtucket Avenue offers investors the rare opportunity to acquire a significant redevelopment asset within a rapidly evolving urban corridor. Located between Downtown Pawtucket and Providence, the property is surrounded by a growing mix of residential, commercial, and cultural investment that continues to reshape the market. Its strategic location, substantial footprint, and redevelopment potential position the asset to benefit from longterm demographic, housing, and economic trends driving investment throughout the Greater Providence region.
535 Pawtucket Avenue presents a unique opportunity to acquire a historic mill property totaling approximately 115,034 SF, together with a separate 25,200 SF parking lot providing 72 parking spaces. Constructed in 1900, the property offers the scale, character, and flexibility sought by investors and developers pursuing adaptive reuse, redevelopment, or long-term value-add strategies. Its substantial footprint, dedicated parking, and prominent urban location create a compelling opportunity to reimagine a landmark asset within one of Rhode Island's evolving urban markets

Property Facts

Price $3,250,000
Price Per SF $28.25
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.62 AC
Rentable Building Area 115,034 SF
No. Stories 3
Year Built 1900
Parking Ratio 1.02/1,000 SF
No. Dock-High Doors/Loading 4
Zoning MO

Amenities

  • Bus Line
  • Controlled Access
  • Security System
  • Signage
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
PAWT-000063-000000-000605
Land Assessment
$343,900
Improvements Assessment
$1,503,600
Total Assessment
$1,847,500
  • Listing ID: 42054854

  • Date on Market: 9/4/2026

  • Last Updated:

  • Address: 358 Lowden St, Pawtucket, RI 02860

Contact the Sale Advisor

358 Lowden St

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