69 Main St, Woonsocket, RI 02895-3190
This exceptional mixed-use property at 69 North Main Street in Woonsocket, Rhode Island presents a fantastic investment opportunity. Situated on a 0.08-acre lot, the 2,108 square foot building enjoys a highly desirable location, adjacent to a vibrant downtown area brimming with restaurants, the Stadium Theatre, breweries, the Polar Express Train, museums, and parks. The property's income stream is currently generated by a mix of commercial and residential tenants. A commercial storefront unit, currently operating as a convenience store, is leased on a month-to-month basis, offering flexibility for future use. In addition, two residential units contribute to the property's revenue. One unit is a studio apartment, while the other is a four-bedroom unit, both also leased month-to-month. This provides immediate cash flow and the potential for increased rental income through longer-term leases or market-rate adjustments. The property's prime location and diverse income streams make it an attractive investment for both seasoned and emerging investors seeking a strong return on investment in a thriving urban setting. The building's versatile configuration allows for a variety of future development possibilities, catering to the needs of a dynamic and growing community. This is a rare opportunity to acquire a well-situated, income-producing property in a highly sought-after area of Woonsocket. The asking price is $399,000.
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Clarks Convenience Grocery & Convenience Store
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North main wireless Electronics & Wireless Store Mobile Phone Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU1 · Woonsocket, RIWoonsocket. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.