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
1/24
null | 6.38% Cap Rate

NEW


69 Montgomery St
Pawtucket, RI 02860
Downtown Pawtucket


HIGHLIGHTS

  • Unique 8-unit commercial property with two garages
  • Fully operational and income-producing turn-key investment
  • Located just steps from the Pawtucket Train Station
  • Walking distance to downtown Pawtucket

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. This fully operational, income-producing property features 8 units, 2 garages and 11 off-street parking spaces—an uncommon advantage in this high-demand area. With one current vacancy and rents below market, investors have immediate value-add potential and a clear path to increased cash flow and improved cap rate. The building can also be delivered vacant, opening the door to repositioning, redevelopment, or potential conversion opportunities. 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

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

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

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