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Renovated Mixed-Use Property
For Sale
$690,000

350 River Street, Woonsocket, RI 02895

Renovated restaurant space with residential units, commercial equipment, and dedicated service areas.

Property SizeContact for details
Days on Market8

Property Features for 350 River Street

General Information

Standard status Active
Property subtype Multi-family

Units

Unit Mix 2 x 3BR/1.5-2BA
Multifamily Units 2

Additional Details

Furnished Yes
Opportunity Zone Yes
Equipment Included Yes

Building Details

Year Built 1900
Listing Agency: My Dream Home Realty
Listed By: Marisela Vasquez · License #0018925
Source: Milburyre
Added: Aug 13 Changed: Aug 19 Last Checked: Aug 19 at 10:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of My Dream Home Realty

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use property combines a renovated restaurant space with two residential units on the upper level. The restaurant includes 100+ indoor seats, new commercial equipment and furnishings, two walk-in refrigerators, a liquor room, storage, and a modern office. The residential portion consists of two 3-bedroom units with 1.5-2 baths and hardwood floors.

An additional lot provides parking and includes a loading dock for property operations. The property is located in an Opportunity Zone. The restaurant business is excluded from the sale, although the real estate and business may be acquired together through separate transactions.

Key Highlights

  • Renovated restaurant space with 100+ indoor seats
  • Two 3‑bedroom residential units with 1.5‑2 baths and hardwood floors
  • New commercial equipment and furnishings included in the restaurant space

Property Analytics

Current Use

Fast Eddie’s Cocktails ... Restaurant

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Spa & Massage Center Nail Salon Parking Lot & Garage Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

945
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

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 - Renovated restaurant space with residential units, commercial equipment, and dedicated service areas.
Where is this mixed-use property located?
The property is located at 350 River Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Renovated restaurant space with 100+ indoor seats; Two 3‑bedroom residential units with 1.5‑2 baths and hardwood floors; New commercial equipment and furnishings included in the restaurant space
More about this property
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