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Commercial at 248 Pine Street, Pawtucket
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$1,895,000

248 Pine Street
Pawtucket, RI 02860
Listed by Michael Russo
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

The possibilities are simply endless. With a clean bill of health and your vision this massive 38,000+ square foot building has a ton of potential uses including residential development, industrial, mixed use, live/work, recreational, warehouse, retail, storage/parking & so much more. Prime location next to the new & booming Pawtucket/Central Falls Train Station. The area around the new Transit Center is being completely revitalized proving this real estate is perpetually invaluable. Further enhanced by a 1.29 acre lot and located in an Opportunity Zone. Very rare offering. Contact broker for further info.

Property details

MLS #
1422933
Property type
Commercial
Subdivision
New Train Station
Status
Active
Days on market
11
On market date
September 10, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
50
Lot size
1.29 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Cunningham School
0.51 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
404
Student:teacher ratio
12.6:1
District
Pawtucket
Middle
Samuel Slater Middle School
0.51 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
697
Student:teacher ratio
13.7:1
District
Pawtucket
High
William E. Tolman High
0.59 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,091
Student:teacher ratio
15.8:1
District
Pawtucket

Walkability

Blended score for Pawtucket's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

98
Highly walkable
out of 100
EPA National Walkability Index
19.2 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Pawtucket, from live MLS data.

On the market 11 days -- 32 fewer days than Pawtucket's current average of 43 days.
For reference, the median list price across 355 active listings in Pawtucket right now is $439,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$11,562/mo
$379,000 down
$1,516,000 loan
Principal & interest$9,833
Property tax (est.)$1,579
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.