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Mixed-Use Property with Garages
New
For Sale
$550,000

168 Rockland Avenue, Woonsocket, RI 02895

Residential Income, Woonsocket, RI

Property Size6,720 SF
Lot Size0.75 Acres
Price / SF$81.85
Days on Market3

Property Features for 168 Rockland Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bedroom 1, Bathroom 1, Bedroom 2
Parking 2
Interior features Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
Basement Full, Storage Space, Unfinished
Appliances Gas Water Heater, Oven/Range, Refrigerator
Subdivision Off South Main St
Lot features Corner Lot, Paved Driveway
Standard status Active
Size 6,720 SF
Lot size 0.75 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4574

Utilities

Heating system Natural Gas, Baseboard
Cooling system Window Unit(s)

Building Details

Year built 1925
Floors in Building 1
Number of units 2
Flooring type Carpet, Hardwood, Tile - Ceramic
Building materials Paneled, Plaster, Vinyl Siding
Listing Agency: Re/Max Properties · RE/MAX International
Listed By: The Stearns McGee Team · License #1999023818
Added: Sep 11 Changed: Sep 13 Last Checked: Sep 13 at 12:06PM
MLS# 1423100

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 6,720-square-foot mixed-use property on a 0.75-acre parcel was built in 1925 and includes two one-bedroom apartments alongside two commercial spaces. The commercial area includes a dance studio with three offices and a full bath, plus a substantial office operation with additional office space, a bath, two lower-level workshop and storage rooms, and two garages with an overhead door. One apartment has been fully updated, while the other has had the same tenant for 27 years.

The property is located at 168 Rockland Avenue in Woonsocket, Rhode Island. On-site parking accommodates 12+ cars, and tenants pay their own utilities. A fire system has been updated, adding an important building feature for the residential and commercial configuration.

Key Highlights

  • 6,720 SF mixed‑use building on 0.75 acres
  • Two 1‑bedroom apartments and 2 commercial spaces
  • Commercial areas include a dance studio, 3 offices, baths, workshop, and storage

Property Analytics

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Current Use

Eastern Fire Protection ... General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Pharmacy Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 02895, RI

43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Income-producing building combines residential units, commercial suites, dedicated parking, and separately metered tenant utilities.
Where is this mixed-use property located?
The property is located at 168 Rockland Avenue Woonsocket, RI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 6,720 SF mixed‑use building on 0.75 acres; Two 1‑bedroom apartments and 2 commercial spaces; Commercial areas include a dance studio, 3 offices, baths, workshop, and storage
More about this property
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