5 Hanover Street, Pawtucket, RI 02861

Property Description

5 Hanover Street (also addressed as 1143 Newport Avenue) is a legal three-unit mixed-use property in Pawtucket consisting of two residential apartments and one commercial unit with flexible configurations. The first-floor commercial space is currently divided into two areas, including a 1,600 sq. ft. unit fully renovated in 2018 with updated mechanicals, modern finishes, and large storefront windows; this space also has two separate mechanical systems allowing for further subdivision. An additional commercial area, formerly a florist, includes its own basement and private entrance. The two apartments, accessed from the rear stairwells, consist of a studio and a one-bedroom, both in need of updates. All separately metered utilities. The property offers paved off-street parking, a one-car garage with electricity, and is being sold with an additional parcel (Map 12, Lot 737), an RT-zoned 3,392 sq. ft. vacant lot located directly behind the building. Floor plans available upon request. Buyer to perform their own due diligence regarding future development potential.