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 within a busy commercial corridor. On-site paved parking is approximately 2,000 SF.
Zoned MU-1, the building offers a straightforward front-to-back layout with office space and customer-facing room at the entry, paired with flexible rear access for loading or service-oriented operations. Flood Zone X.
Key Highlights
- Freestanding 816 SF commercial building on North Main Street in Downtown Woonsocket, built in 1922
- Features 10‑foot ceilings, concrete floors, a private office and waiting room, plus an open working area with rear garage‑bay access
- Includes 1 full bathroom with shower; gas forced‑air heat
Local Financial Insights For Warehouse
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 | $6.1k | $7.50 |
| − Vacancy | −$37 | −$0.05 |
| EGI | $6.1k | $7.46 |
| − OpEx | −$912 | −$1.12 |
| NOI | $5.2k | $6.34 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Sodexo — 108 High St, Woonsocket, RI 02895
- Every1sChef — 40 S Main St, Woonsocket, RI 02895
- Caribbean Delights — 40 S Main St, Woonsocket, RI 02895
- A Taste of Europe, LLC — 501 E School St, Woonsocket, RI 02895