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Mixed-Use Building with Parking
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 Market49

Property Features for 168 Rockland Avenue

General Information

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

Additional Details

Tenant in Place Yes

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
Buildings 1
Listing Agency: Re/Max Properties · RE/MAX International
Listed By: The Stearns McGee Team
Added: Sep 11 Changed: Oct 27 Last Checked: Oct 29 at 10:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1925, this 6,720-square-foot mixed-use property contains two one-bedroom apartments and two commercial spaces. Commercial improvements include a dance studio with three offices and a full bathroom, plus office areas, a workshop, storage rooms, and bathrooms. The lower level also includes two garages and an overhead door. A fire system serves the building, and parking is available for 12 or more vehicles.

The 0.75-acre property is at 168 Rockland Avenue in Woonsocket. All four residential and commercial spaces are occupied by long-term tenants, and each pays its own utilities. One apartment has been updated; the other has had the same tenant for 27 years.

Key Highlights

  • 6,720‑square‑foot building on a 0.75‑acre parcel
  • Two one‑bedroom apartments and two commercial spaces
  • Commercial areas include a dance studio with 3 offices and a separate office operation

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
Multi-tenant
Tenancy

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four leased spaces combine two apartments with two commercial suites, and occupants pay their own 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‑square‑foot building on a 0.75‑acre parcel; Two one‑bedroom apartments and two commercial spaces; Commercial areas include a dance studio with 3 offices and a separate office operation
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