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.