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Mixed-Use Income Property
For Sale
$1,350,000

584 N Main St, Woonsocket, RI 02895

Multi-unit mixed-use building with on-site parking, a 6-car garage, and combined residential and commercial income.

Property SizeContact for details
Days on Market55

Property Features for 584 N Main St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1905
Listing Agency: KELLER WILLIAMS REALTY
Listed By: Talib Hussain · License #449585701
Source: Elliman
Added: Jun 18 Changed: Jul 10 Last Checked: Aug 10 at 6:28AM

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 KELLER WILLIAMS REALTY

Investment Insights

Based on property information with market context.

This mixed-use income property includes 12 income-producing units, with 9 residential apartments and 3 commercial spaces. The building provides a common laundry area and includes a 6-car garage, along with ample on-site parking for tenants and visitors.

The property is located at 584 N Main Street in Woonsocket’s commercial corridor, with convenient access to major routes. It is positioned for daytime activity tied to nearby shopping, restaurants, and local employers.

For buyers seeking a turnkey asset with both residential and commercial components, this configuration offers multiple leasing profiles within a single property. The presence of on-site parking and an on-site common laundry area supports everyday tenant convenience across the residential units, while the included commercial spaces provide opportunities for retail or service tenants, subject to leasing arrangements at the time of ownership.

Key Highlights

  • Mixed‑use property at 584 N Main Street built in 1905
  • 12 income‑producing units: 9 residential apartments and 3 commercial spaces
  • Approximately $12,200 per month in gross rental income

Property Analytics

Current Use

Retail space

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

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?
Apartment building - Multi-unit mixed-use building with on-site parking, a 6-car garage, and combined residential and commercial income.
Where is this apartment building located?
The property is located at 584 N Main St Woonsocket, RI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Mixed‑use property at 584 N Main Street built in 1905; 12 income‑producing units: 9 residential apartments and 3 commercial spaces; Approximately $12,200 per month in gross rental income
More about this property
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