CCertihomes
69 Exchange, Pawtucket, RI 02860

$700,000

0 beds 0 baths Built 1940Active

About this home

Welcome to this exceptional brick commercial property with over 5, 320 sq ft of versatile space, high ceilings, and an additional 2, 000 sq ft finished basement for expansion. Located at 69 Exchange St in Pawtucket, RI, this one-story building has served as a church for over 21 years and is tax-exempt for non-profit organizations. This property offers limitless possibilities with a total expansion potential of up to 10, 000 sq ft. The spacious interior features an open layout with high ceilings, which is ideal for various uses. Located in an Opportunity Zone, the property benefits from tax incentives. It's in downtown Pawtucket, close to major highways for easy access to I-95 north and southbound routes, and just half a mile from the Pawtucket/Central Falls train station, providing excellent connectivity. Its corner location at High and Exchange Streets ensures maximum visibility and accessibility. This property offers a fantastic investment opportunity, whether continuing its community legacy or reimagining it for new purposes. Potential business uses include art gallery/studio space, community center, co-working space, boutique fitness studio, performance venue, education center, specialty retail, non-profit organization headquarters, medical or wellness clinic, and cultural center. Its strategic location and potential for expansion make it ideal for businesses looking to grow. Don't miss this prime real estate opportunity! For more information or to schedule a viewing.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,063/mo

Real estate (PITI + HOA + PMI)
$5,178
Principal + interest$3,175
Property tax + insurance$1,740
PMI / 2nd mortgage$263
Utilities
$3,824
Heating + cooling$1,759
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$7,063/mo TLC
Budget$7,563/mo
Remaining after TLC$500/mo
Purchase price
$700,000
Down payment
$35,000 (5%)
Loan amount
$665,000
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
1940
Lot size
0.1222 ac
Stories
1
Heating
Forced Air, Gas Connected
Cooling
Central Air
Water
Public
HOA
Annual tax
MLS #
1359759
County
Providence

At a glance

Air conditioning
Basement

Home features

Interior
Ceiling Height: 12-15 Ft
Sewer
Public Connected

Lot features

Paved, Sidewalks, Downtown, Free Standing

Neighborhood — 02860

MetricThis ZIPCountyUSA
Population48,4181,095,423299,088,112
Population Change Since19904.00%9.00%20.00%
Population Density9,360994
Male23,314529,266147,432,321
Female25,104566,157151,655,844
Never Married13,665266,40463,775,926
Married14,369435,678123,120,365
Separated2,83843,64212,639,686
Widowed2,76966,66815,467,586
Divorced4,27383,84323,075,029
Number Of House Hold19,587410,399111,826,380
Average House Hold Size2.442.562.60
Medial Age32.7937.2735.46
Median House Hold Income$28,588$47,553$48,276
Average House Hold Income$40,233$61,609$63,629
P C I$16,660$23,965$24,529
M D I$25,843$40,634$41,133
A T H E$37,887$49,940$50,898
S T R7.00%7.00%
W C J72.08%78.02%77.74%
(Zip) Code
2860

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/29/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.