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Clock Tower Residences 167 George St 22 Unit Apartment Building $3,907,180 CAD ($177,599 CAD/Unit) Pawtucket, RI 02860

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INVESTMENT HIGHLIGHTS

22 Units approved through the City of Pawtucket
Conveniently located close to I-95

Walking Distance to Pawtucket Central Falls Commuter Rail Station & Tidewater Landing soccer stadium
Environmentally clean and level site

EXECUTIVE SUMMARY

This 22-unit site is approved & composed of the former St. Mary's school building, a versatile three-story structure that spans close to 30,000 square feet. This property boasts elevated open and modern, offering floor plan versatility. It is also located in an opportunity zone and is included in the National Register's Multiple Resource Area for historical tax credits. Some of the main features would include an environmentally clean and level site, close proximity to city utilities, and conveniently located close to I-95, the Pawtucket Central Falls Commuter Rail Station, the Tidewater Landing soccer stadium, and the East Side of Providence.
County approved plans available upon request.

St Marys School

12-052_CP_Land Only_Signed (3)(1)-2

ID Holdings LLC - Zoning certification (2) (1) (1) (1) (1)(1)

Offering Memorandum

PROPERTY FACTS

Price	$3,907,180 CAD	Building Class	F
Price Per Unit	$177,599 CAD	Lot Size	0.39 AC
Sale Type	Investment	Building Size	28,442 SF
Sale Conditions	Redevelopment Project Building in Shell Condition	No. Stories	3
No. Units	22	Year Built/Renovated	1892/2025
Property Type	Multifamily	Parking Ratio	0.88/1,000 SF
Property Subtype	Apartment Office Office Residential Multifamily Dormitory	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	RM - Residential, mixed use

Price	$3,907,180 CAD
Price Per Unit	$177,599 CAD
Sale Type	Investment
Sale Conditions	Redevelopment Project Building in Shell Condition
No. Units	22
Property Type	Multifamily
Property Subtype	Apartment Office Office Residential Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	F
Lot Size	0.39 AC
Building Size	28,442 SF
No. Stories	3
Year Built/Renovated	1892/2025
Parking Ratio	0.88/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RM - Residential, mixed use