584 N North Main Street Woonsocket

$1,350,000
13,504 sq ft

The Property

Exceptional mixed-use investment opportunity in the heart of Woonsocket’s thriving commercial corridor. Located at 584 N Main Street, this well-positioned property features 12 income-producing units, including 9 residential apartments and 3 commercial spaces, generating approximately $12,200 per month in gross rental income. The property offers a diverse tenant mix, providing stable cash flow and long-term upside potential. Additional amenities include a 6-car garage, ample on-site parking, and a common laundry area with the opportunity to generate additional income.

Situated in a highly visible central location with convenient access to major routes, shopping, restaurants, and local employers, this turnkey asset presents an outstanding opportunity for investors seeking strong returns, value-add potential, and a prominent presence in one of Northern Rhode Island’s most active markets.

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Listing Details

MLS Number

1415103

Lot Size:

0.31 acres

Features

  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Restaurants
  • Schools
  • Shopping
  • Heating: Other
  • Heating Fuel: Other
  • Laundry
  • Free Standing
  • Year Built: 1905

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Market Trends for Commercial Properties
in Woonsocket

  • Overview
    Homes for Sale Today36-89.6% decrease in inventory
    New on Market *6-14.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$132.70$76 increase in List Price/Sq.Ft.
    Avg. Sale Price *$722,850$259,900 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.04%4.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$70.66$69 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7499 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Keller Williams Realty

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