This City Home is a Former Three-Story Bank That Includes a Magnificent Vault and Elevator
Editor's note: This article was written by a Townsquare Media Northern New England contributor and may contain the individual's views, opinions, or personal experiences.
Imagine turning the vault into a huge master suite, or maybe a wine cellar and tasting room. Man Cave time, anyone? Talk about a fun opportunity to own the most unique home in Rhode Island, and possibly all of New England.
Yes, 216 Main Street in Pawtucket is a former bank originally built in 1901, according to Boston Magazine. It was once the Providence County Savings Bank, then went on to be a restored, neoclassical building for residential use as an artist studio and loft. Now, it's for sale at just $749,000. And at over 13,000 square feet, that's quite the bargain. Right now it has eight bedrooms, four bathrooms, an elevator, and what every bank has; a huge vault in the basement.
Listed by Kira Greene of Compass, the listing says the three floors have generous ceiling heights with plenty of on-street and off-street parking on the block. And as you can imagine, and see in the gallery below, windows are everywhere, letting in tons of light.
And even better news for buyers is that according to the listing, its extensive zoning uses and available city incentives make it the perfect development project for apartments, condos, mixed-use, or the coolest single-family home out there.
It is a fixer-upper after being used as an art space, but what fun one could have with some money to take advantage of the original, neoclassical features?. Pawtucket is just an hour from Boston and ten minutes from Providence, and is a truly special investment no matter what the new owner or owners choose to do with it.
So, let's take a peek inside.