230 North Main Street Woonsocket, RI 02895
Commercial Sale, Other - Woonsocket, RI
Property Features for 230 North Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Parking
- 9
- Standard status
- Active
- APN
- 230NORTHMAINSTWOON
- Lot size
- 3,920.00 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1922
- Floors in Building
- 1
- Architectural style
- Other
Listing agent The DiSpirito Team (401) 244-8355
Listing office Engel & Völkers East Greenwich 247 Main Street, East Greenwich, RI (401) 638-0010
Listing date Jun 30, 2026
Copyright © 2026 Engel & Völkers. 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.
The property is located on North Main Street in downtown Woonsocket and sits on approximately 2,000 SF of on-site paved parking. Built in 1922, it is zoned MU-1 and is listed as being in Flood Zone X.
The layout is designed to support a combination of front-of-house space and back-of-house work, with rear garage bay access for operational needs.
Key Highlights
- Freestanding commercial building on North Main St in downtown Woonsocket with 816 SF and 10‑ft ceilings
- Open working area with rear garage‑bay access plus private office and waiting room at the front
- Full bathroom with shower and concrete floors throughout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.4k | $20.04 |
| − Vacancy | −$2.3k | −$2.81 |
| EGI | $14.1k | $17.23 |
| − OpEx | −$3.5k | −$4.31 |
| NOI | $10.5k | $12.93 |
Alternative Uses
Property Analytics
Current Use by Public Records
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