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.
- Disclosure:
- THIS PROPERTY IS CONTINGENT ON SELLERS FINDING SUITABLE HOUSING., Buyers and buyer agents to perform their own due diligence. Room dimensions are approximate. Condo association documents
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- MU1
- Orig Price:
- $1,350,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Woonsocket
- State:
- RI
- County:
- Providence
- Postal Code:
- 02895
- Longitude:
- W72° 29' 9.4''
- Latitude:
- N42° 0' 47.8''
Commercial Sale
584 N Main St, Woonsocket, Rhode Island
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,350,000
- Square Footage :
- 9,332 Sqft
- Year Built :
- 1905
- Lot Area :
- 0.31 Acre
- Listing ID :
- 73536204
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com