69 Montgomery St - Office/Residential FOR SALE


Pawtucket, RI 02860- Downtown Pawtucket
$869,000 USD
401-300-6644
69 Montgomery St, Pawtucket, RI for Sale
$869,000 USD
Office/Residential - FOR SALE
1/21
null | 6.38% Cap Rate

May '26


69 Montgomery St
Pawtucket, RI 02860
Downtown Pawtucket


HIGHLIGHTS

  • This is a clean, income-producing asset in a rapidly improving submarket, combining immediate return with measurable upside
  • Value-Add Investor – clear rent upside and repositioning potential
  • Owner-User – occupy while offsetting expenses with rental income
  • Surrounded by ongoing redevelopment and adaptive reuse projects
  • Qualified Opportunity Zone

OVERVIEW

Prime Downtown Pawtucket Investment Opportunity – Strong In-Place Income + Upside 69 Montgomery Street presents a rare opportunity to acquire a stabilized commercial asset in the heart of downtown Pawtucket—one of Rhode Island’s fastest-growing urban markets. Offered at $869,000, the property delivers a 7.36% cap rate based on market rents and no vacancy, making it an ideal acquisition for investors seeking immediate cash flow with long-term appreciation potential. Strategically located just minutes from the new MBTA commuter rail station, the property benefits from increased accessibility to Providence and Boston, driving demand from small businesses, professional users, and investors seeking value outside core metro pricing. The asset features a flexible layout suitable for office, coworking, or creative suites, allowing for multiple leasing strategies. With market rents ranging from $18–$22/SF, there is clear upside through tenant turnover, suite reconfiguration, or positioning toward smaller, higher-rent users.

FOR SALE DETAILS

PRICE

$869,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

6.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Montgomery Suites

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CG

APN/PARCEL ID

PAWT-000043-000000-000614

ASK ABOUT THIS PROPERTY

Mandy Roberts-CornellCentury 21More Info
401-300-6644

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

Mandy Roberts-CornellCentury 21More Info
401-300-6644

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