2224 Pawtucket Ave - Office FOR SALE


East Providence, RI 02914- Outer East Bay | 
$3,300,000 USD
401-559-1221
2224 Pawtucket Ave, East Providence, RI for Sale
$3,300,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

2224 Pawtucket Ave
East Providence, RI 02914
Outer East Bay


HIGHLIGHTS

  • Prominent frontage and monument signage along Pawtucket Avenue.
  • Immediate access to Interstate 195 via nearby interchange.
  • Multi-tenant office configuration supports investment ownership.
  • Approximately 90 parking spaces serve tenants and visitors.
  • Located within the Providence metropolitan business market.
  • Corridor exposure benefits from approximately 16,500 vehicles daily.

OVERVIEW

2224 Pawtucket Avenue presents an opportunity to acquire a multi-tenant office asset positioned along one of East Providence's primary commercial corridors. The property consists of a two-story office building with an additional rear building, providing a well-established business environment supported by substantial on-site parking and prominent visibility along Pawtucket Avenue. Monument and façade signage opportunities further enhance tenant exposure and contribute to the property's long-term leasing appeal. The asset benefits from immediate access to Interstate 195 via the nearby Pawtucket Avenue and Warren Avenue interchange, creating efficient connectivity to Providence, southeastern Massachusetts, T.F. Green International Airport, and the broader Rhode Island market. East Providence's location within the Providence metropolitan area provides access to a diverse regional workforce, healthcare institutions, universities, professional service firms, and government agencies that support sustained office demand. The property's established occupancy profile, multiple-tenancy configuration, and accessibility characteristics position it as a potential income-producing investment. Nearby retail services, restaurants, healthcare providers, and public transportation options contribute to day-to-day convenience for occupants, while the property's location along a corridor carrying approximately 16,500 vehicles per day supports visibility and business presence. With approximately 2.08 acres, a high parking ratio, and direct regional highway access, the property offers a combination of accessibility, visibility, and operational functionality that can appeal to investors seeking an office asset within the Providence-area commercial market.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rotelli Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

C5

APN/PARCEL ID

EPRO-000406-000007-000011

ASK ABOUT THIS PROPERTY

Peter RotelliPhilip Ryan Real EstateMore Info
401-559-1221

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Peter RotelliPhilip Ryan Real EstateMore Info
401-559-1221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.