Two-Story Mixed-Use
New
For Sale
$399,900
617 Elm Street, Woonsocket, RI 02895
Commercial/Business,Commercial Sale, Woonsocket, RI
Property Size7,156 SF
Lot Size0.14 Acres
Price / SF$55.88
Days on Market4
Property Features for 617 Elm Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MU1
Rooms
Basement
Parking
8
Security features
Security System
Interior features
Ceiling Height (9 to 12 Ft)
Basement
Partial
Subdivision
Eastside
Lot features
Sidewalks, Free Standing, Suburban
Standard status
Active
Size
7,156 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4111
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Zoned
Building Details
Year built
1930
Floors in Building
2
Number of units
1
Building materials
Frame
Listing Agency:
Boucher Real Estate
(401) 766-2200
Listed By:
Gregory Smith
(401) 439-6964
Added: Aug 26
Changed: Aug 27
Last Checked: Aug 29 at 10:06AM
MLS# 1421548
Copyright © 2026 State Wide MLS of Rhode Island, Inc. 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 comprises a two-story, 7,156-square-foot frame building constructed in 1930 on a 6,139-square-foot parcel. The former furniture use provides a commercial shell for repositioning, with repairs and modernization needed. Interior features include ceiling heights from 9 to 12 feet, a basement, natural-gas heating, and public sewer service.
Zoned MU1, the site supports a retail storefront with one apartment above as an as-of-right configuration. Additional residential density may be considered through approval by the Woonsocket Zoning and Planning Board, with the source information identifying the possibility of three more apartments. The property is located at 617 Elm Street in Woonsocket, just off the Elm Street and Hebert Avenue corner.
The parcel contains 0.1409 acres and offers a compact in-town setting for a mixed-use redevelopment plan. Its existing two-story structure and commercial layout provide a defined starting point for future work.
Zoned MU1, the site supports a retail storefront with one apartment above as an as-of-right configuration. Additional residential density may be considered through approval by the Woonsocket Zoning and Planning Board, with the source information identifying the possibility of three more apartments. The property is located at 617 Elm Street in Woonsocket, just off the Elm Street and Hebert Avenue corner.
The parcel contains 0.1409 acres and offers a compact in-town setting for a mixed-use redevelopment plan. Its existing two-story structure and commercial layout provide a defined starting point for future work.
Key Highlights
- 7,156‑square‑foot, two‑story frame building constructed in 1930
- 6,139‑square‑foot parcel totaling 0.1409 acres
- MU1 zoning supports retail with one apartment above as‑of‑right
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Former furniture building with retail and residential conversion potential under MU1 zoning.
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 $399,900.
What are key features of this property?
This property features: 7,156‑square‑foot, two‑story frame building constructed in 1930; 6,139‑square‑foot parcel totaling 0.1409 acres; MU1 zoning supports retail with one apartment above as‑of‑right
