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    295 Main St Woonsocket, RI 02895

    For Sale
    Contact for pricing

    Commercial property in Woonsocket with redevelopment potential.

    Property size:
    33,298 SF
    Lot size:
    1.19 Acres

    Property Features for 295 Main St

    General Information

    Size
    33,298 SF
    Lot size
    1.19 Acres

    Source: MG Commercial Agent Julie Freshman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Woonsocket Commercial Property For Sale

    This commercial property, located at 295 Main Street and 43 Federal Street in Woonsocket, Rhode Island, is zoned C-1 (Urban Commercial District) and is within the Downtown Overlay District. Additionally, 0 Clinton Street is zoned C-2 (Major Commercial District) and falls within the River Corridor Overlay District. The property includes riverfront acreage and features a 3,200 square foot pool. Encompassing a total area of 33,298 square feet, the property presents potential for similar health club use, residential development, or adaptive reuse. The annual taxes are $45,667.37.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5213989
    Latitude
    41.9972867

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    FAQs

    What type of property is this?
    Office building - Commercial property in Woonsocket with redevelopment potential.
    Where is this office building located?
    The property is located at 295 Main St Woonsocket, RI.
    What are key features of this property?
    This property features: - Riverfront Acreage Included; - Zoned C-1 (Urban Commercial District) & C-2 (Major Commercial District); - Potential for Health Club, Residential, or Adaptive Reuse
    (401) 439-9091
    Request Owner's contact information
    295 Main 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
    295 Main St Woonsocket, RI 02895
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