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    332 River St Woonsocket, RI 02895

    For Sale
    $300,000

    Apartment,Commercial,Office,Warehouse - Woonsocket, RI

    Property size:
    1,404 SF
    Lot size:
    0.45 Acres
    Days on Market:
    110
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 332 River St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU2
    Exterior features
    Free Standing
    Size
    1,404 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1895
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    Here Realty LLC (401) 649-2358 [email protected]

    Listing agent Megan Hayden (401) 862-1251

    Listing date Aug 18, 2025

    MLS# 1392927 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Opportunity Zone

    This versatile mixed-use building features a leased office space and one residential unit. Additional rental units are located above, requiring rehabilitation, which presents a significant opportunity for investors. Situated in an Opportunity Zone, the property also includes a loading garage. An adjacent mixed-use building is also for sale, offering the potential to create a larger investment portfolio with multiple income streams. The property is located in Woonsocket, RI, in Providence County. The lot size is 0.45 acres, and the living area is 1404 square feet. The zoning is MU2. This property offers strong potential in a high-demand location with added tax advantages, suitable for renovation, expansion, or redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.519713
    Latitude
    42.002892

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile property with office, residential, and rehab potential.
    Where is this mixed-use property located?
    The property is located at 332 River St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Leased office space and one residential unit provide immediate income.; - Located in an Opportunity Zone, offering tax advantages.; - Potential for increased income through rehabilitation of additional rental units.
    (401) 862-1251
    Request Owner's contact information
    332 River St Woonsocket, RI 02895
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    Woonsocket, RI 02895
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    332 River St Woonsocket, RI 02895
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