Elayna Cassidy
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Commercial at 700 School Street UNIT 2, Pawtucket
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17 photos

$1,050,000

700 School Street UNIT 2
Pawtucket, RI 02860
Listed by Andrew Kushner
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2008

About this home

Excellent investment. Nearly a 10 cap!! The tenant has occupied the space for many years and has about 4 years left on their current term. The space is leased to JBD/JGA and architectural firm that specializes in design work for country clubs, restaurants and luxury homes up and down the east coast. They have been an excellent tenant and are quite successful. The space has a Class A buildout and is very well maintained. New HVAC system was installed in 2024.

Property details

MLS #
1412389
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
113
On market date
May 12, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
61
Lot size
1.3 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Francis J. Varieur School
0.6 mi away · Grades 0-6
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
274
Student:teacher ratio
12.5:1
District
Pawtucket
Middle
Joseph Jenks Middle School
1.02 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
628
Student:teacher ratio
13.7:1
District
Pawtucket
High
Charles E. Shea High School
0.79 mi away · Grades 9-12
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
925
Student:teacher ratio
14.7:1
District
Pawtucket

Walkability

Blended score for Pawtucket's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

80
Walkable
out of 100
EPA National Walkability Index
13.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks9
Schools7
Transit stops20
Pharmacies4

Market position

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

On the market 113 days -- 71 more days than Pawtucket's current average of 42 days.
For reference, the median list price across 395 active listings in Pawtucket right now is $439,900.

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
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/mo
Est. monthly payment
$6,473/mo
$210,000 down
$840,000 loan
Principal & interest$5,448
Property tax (est.)$875
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 29 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.