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Millrace District Commercial Spaces
For Lease
$8 SF/Yr

68 South Main, Woonsocket, RI 02895

Commercial spaces for rent in the Millrace District.

Space SizeContact for details
Days on Market162

Property Features for 68 South Main

General Information

Standard status Active
Property subtype Commercial

Amenities

Circuit Breakers

Building Details

Year Built 1900
Listing Agency: MANCIERI REAL ESTATE
Listed By: GARRETT MANCIERI
Source: Corcoran
Added: Mar 2 Changed: Aug 8 Last Checked: Aug 8 at 1:44PM

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 MANCIERI REAL ESTATE

Investment Insights

Based on property information with market context.

Located in the Millrace District, this property features three buildings with commercial spaces available for rent. The spaces range from 1081 square feet to a three-floor suite of 4060 square feet. The property is new construction and showcases mill loft-style spaces suitable for retail or office use. Situated in downtown Woonsocket, the location benefits from multi-million dollar renovation projects completed over the past decade. The property is next to a park that hosts events during the summer and offers a riverfront location. The spaces are suitable for starting or growing a business or organization.

Key Highlights

  • Located in the desirable Millrace District of downtown Woonsocket.
  • Offers commercial spaces ranging from 1081 sq ft to 4060 sq ft.
  • Brand new construction featuring a mill loft style design.

Property Analytics

Current Use

Triple T's Gifts (Bike/Boat/Book/etc) Store The Frolicking Goddess (Bike/Boat/Book/etc) Store Stage Right Studio ... Theater & Performing Art Venue Gigi's Global Specialty ... (Bike/Boat/Book/etc) Store Vogue Communications Systems Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center Gym & Fitness Center (Bike/Boat/Book/etc) Store Acupuncture

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

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,048
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

Lease Benchmarks for Woonsocket, RI

$12.23 /SF/Yr
Avg Asking Price
$8–$20 /SF/Yr
Price Range
2,981 SF
Avg Space Size

This space is priced 35% below the average of $12.23 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial spaces for rent in the Millrace District.
Where is this retail space located?
The property is located at 68 South Main Woonsocket, RI.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Located in the desirable Millrace District of downtown Woonsocket.; Offers commercial spaces ranging from 1081 sq ft to 4060 sq ft.; Brand new construction featuring a mill loft style design.
More about this property
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