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23 Exchange StPawtucket, RI 02860

55,000 SF Flex Space, Opportunity Zone

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional redevelopment opportunity presents a 55,000 square foot, five-story building located at 23 Exchange Street in Pawtucket, Rhode Island. Originally constructed in 1920 and renovated in 1970, this Class B property offers a unique blend of industrial and mixed-use potential. The building features a prime street-level storefront, four levels of former office space, and a substantial 3,500+ square foot drive-through high-bay garage. Further enhancing its versatility, the property includes an elevator, sprinkler system, two large parking lots, and two loading docks. A large basement provides ample storage. The interior boasts open floor plans, tall ceilings, and large windows, creating a bright and spacious environment. The property is situated within an Opportunity Zone, presenting significant tax advantages for investors. This is an ideal location for adaptive reuse, offering a rare chance to transform a historic landmark into a thriving modern space. The permitted zoning allows for a wide range of possibilities.

Highlights

  • 55,000 SF, five-story building at 23 Exchange Street, Pawtucket, RI.
  • Class B property with industrial and mixed-use potential, built in 1920, renovated in 1970.
  • Features street-level storefront, four floors of office space, and a 3,500+ SF drive-through high-bay garage.
  • Includes elevator, sprinkler system, two parking lots, two loading docks, and a large basement.
  • Open floor plans, high ceilings, large windows, located in an Opportunity Zone.

Property Details for 23 Exchange St

Property type
Office properties, Mixed-use properties
Square Feet
55,000 SF
Class
B
Year Built/Renovated
1920/1970
Buildings
1
Stories
5

Location Insight

City
Pawtucket
County
Providence
State
Rhode Island
Latitude
41.879714064155
Longitude
-71.385872248218
23 Exchange St, Pawtucket, Rhode Island

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23 Exchange St
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