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Redevelopment Industrial Warehouse Complex
For Sale
$2,790,000

565 & 581 North Main Street, Woonsocket, RI 02895

Two brick warehouse buildings with recent life-safety and infrastructure upgrades, plus multiple loading docks and an operational freight elevator.

Property Size100,862 SF
Lot Size2.13 Acres
Price / SF$27.66
Days on Market50

Property Features for 565 & 581 North Main Street

General Information

Standard status Active
Size 100,862 SF
Lot size 2.13 Acres
Property subtype Industrial
Listing Agency: MG Commercial
Listed By: Julie Freshman, SIOR · License #RI #0019769
Source: Mgcommercial
Added: Jun 25 Changed: Jul 10 Last Checked: Aug 13 at 5:09AM

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 MG Commercial

Investment Insights

Based on property information with market context.

The property includes two brick buildings totaling approximately 110,862 SF on 2.13 acres. The site features a three-story 87,269 SF building at 565 N. Main Street and a two-story 13,593 SF building at 581 N. Main Street. Recent capital improvements include a new roof, replacement windows, an upgraded fire alarm system, a new sewer line, and a security camera system. An operational freight elevator supports material handling across the existing structure, and the property also includes multiple loading docks.

The buildings are positioned together on the same plat, listed as Plat Map 20 / Lots 76 & 84, providing a single-site configuration for an owner to evaluate redevelopment or adaptive reuse plans. The offering also notes convenient access to nearby amenities and transportation corridors, supporting a range of industrial and conversion possibilities.

This configuration can fit owner-users and investors looking for a mixed-use conversion, adaptive reuse, or redevelopment strategy within an existing industrial footprint. With upgraded building systems and an active freight elevator, the property may support projects that require functional space for loading and internal movement while leveraging the site’s existing historic, exposed-brick character.

Key Highlights

  • Two brick buildings totaling approx. 100,862 SF on 2.13 acres (Plat Map 20, Lots 76 & 84)
  • Three‑story approx. 87,269 SF building at 565 N. Main Street
  • Two‑story approx. 13,593 SF building at 581 N. Main Street

Property Analytics

Current Use

Strong Insurance Rhode ... Insurance Agency Direct Discount Inc. Hair Salon

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center Electrical Service

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

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Sodexo 108 High St, Woonsocket, RI 02895
  • A Taste of Europe, LLC 501 E School St, Woonsocket, RI 02895

Frequently Asked Questions

What type of property is this?
Flex space - Two brick warehouse buildings with recent life-safety and infrastructure upgrades, plus multiple loading docks and an operational freight elevator.
Where is this flex space located?
The property is located at 565 & 581 North Main Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Two brick buildings totaling approx. 100,862 SF on 2.13 acres (Plat Map 20, Lots 76 & 84); Three‑story approx. 87,269 SF building at 565 N. Main Street; Two‑story approx. 13,593 SF building at 581 N. Main Street
More about this property
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