Woonsocket Retail Redevelopment
For Sale
$400,000
617 Elm Street, Woonsocket, RI 02895
Retail property with redevelopment potential in a growing, desirable market.
Property Size7,156 SF
Price / SF$55.90
Days on Market372
Property Features for 617 Elm Street
General Information
Standard status
Active
Size
7,156 SF
Total Parking Spaces
6
Property subtype
Commercial
Zoning
MU1
Taxes and HOA fees
Annual Taxes
$4,111
Building Details
Building Size
7,156 SF
Year Built
1930
Buildings
1
Stories
2
Units
1
Listing Agency:
Boucher Real Estate
(401) 439-6964
Listed By:
Gregory Smith
(401) 439-6964
Source:
Liongatere
Added: Aug 5, 2025
Changed: Aug 8
Last Checked: Aug 11 at 1:14PM
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 Boucher Real Estate
Investment Insights
Based on property information with market context.
Located on Elm Street in Woonsocket, this property offers a redevelopment opportunity to shape the area's residential and commercial landscape. Zoned MU1, the site is suitable for developers and investors looking to create a vibrant development from a retail location. The property features a flexible lot and structure, allowing for various residential or mixed-use configurations. The location offers street visibility and access. This property is suited for a developer seeking new opportunities.
Key Highlights
- Prime location in a growing, desirable market
- Zoned MU1, allowing for residential or mixed‑use development
- Opportunity to add significant value through creative redevelopment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Dunkin' Donuts
Dining
14,743 visits/mo
0.4 miles
Citizens Bank
Shops & Services
6,471 visits/mo
0.5 miles
One Stop Cleaning Center
Shops & Services
1,021 visits/mo
0.4 miles
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 Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail property with redevelopment potential in a growing, desirable market.
Where is this mixed-use property located?
The property is located at 617 Elm Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime location in a growing, desirable market; Zoned MU1, allowing for residential or mixed‑use development; Opportunity to add significant value through creative redevelopment
