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Property profile & analytics

212 Main St Woonsocket, RI 02895-3140

  • Investment properties
  • 2,310 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimation
$515,000
Last Sale
May 23, 2023
$444,444
Location Intelligence
Property ID
US76-0395698
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 212 Main St

Year built
1930
Construction
FRAME
Lot size
0.05 lot acres
Property size
2,310 SF
Zone code
MU1
Property type
Investment properties
Property subtype
Live-work space
APN
WOON M:13D L:49 U:11
APU
WOONM13DL49U11

Description

This exceptional commercial property at 212 N Main Street presents a unique investment opportunity. The 888 square foot space is situated on a 2,178 square foot lot with 20 feet of frontage, offering excellent visibility and accessibility for any business. Currently configured as a single-tenant unit, this versatile space is ideal for a variety of uses, including retail, salon/barbershop, or instructional fitness, as indicated by its MU1 zoning. The building is classified as Class B and boasts a prime location just one minute away from the Stadium Theatre, Lops Brewing, and Ciro's Tavern, ensuring high foot traffic and exposure to a vibrant community. The property's flexible layout allows for easy customization to suit specific business needs. While there are no on-site parking spaces, the convenient location offers easy access to public transportation and ample street parking. This is a rare chance to acquire a well-situated commercial property in a thriving area, perfect for entrepreneurs and established businesses alike. The single-suite building offers a manageable and efficient space for a variety of commercial ventures. This property is ready for immediate occupancy and presents a strong return on investment potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $565,000
  • CAP approach

    CAP return
    Estimation
    6%
    $405,000
    6.5%
    $480,000
    7%
    $420,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $390,000
    Geo Method
    $440,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $570,000
    Retail
    $425,000
    Mixed-Use
    $570,000
    Hospitality
    $460,000
    Educational
    $520,000
    Residential Income
    $520,000
    Energy
    $430,000
    Income-Based Land
    $495,000
    Food Service
    $460,000

Location Insight

  • Map
  • Local Demand
City
Woonsocket
County
Providence
State
Rhode Island
Longitude
-71.5143
Latitude
42.0084
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$68,700
$111,700
$180,400
-
$0.00
$0.00
$0.00
More about this property
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