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McDevitt Building 21-25 Broad St

29,000 SF 100% Leased Office Building Pawtucket, RI 02860 $1,600,000 ($55/SF)

Executive Summary

23 Broad Street is a three story, 29,617 SF brick building with
ground floor storefront units. Encompassing the addresses of 9 to
27 Broad Street and first known as "Kinyon’s Block", the building
was constructed in 1888 by Myron T. Kinyon as an investment
property and to house his insurance office. Kinyon’s Commercial
School, founded by Myron’s son W. Hervey Kinyon to teach business
skills, and the W.H. McDevitt clothing store were other historic
occupants of the building, later re-named as the “McDevitt’s Block",
and subsequently the "McDevitt Building". The building was
remodeled in 1923 and again in the mid-late 20th century. With
exposed brick and plenty of historical character, as well as its
proximity to amenities and transportation options, the building
lends itself to a mixed-use/residential adaptive reuse or
redevelopment.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
29,000 SF
Building Class
C
Year Built/Renovated
1900/2011
Price
$1,600,000
Price Per SF
$55
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,667 SF
Slab To Slab
10’
Building FAR
2.86
Land Acres
0.23 AC
Opportunity Zone
Yes
Zoning
CD
Parking
12 Spaces (0.56 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Property Manager on Site
  • Signage
  • Waterfront
Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31447285

  • Date on Market: 4/8/2024

  • Last Updated:

  • Address: 21-25 Broad St, Pawtucket, RI 02860

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