No photos available for this listing

$499,000

325 Illinois Street
Central Falls, RI 02863
Listed by The ALBA Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Unlock Endless Possibilities in this Exceptional Industrial Commercial Space. Discover a rare opportunity to own a versatile property boasting immense expansion potential, including three commercial lots. With 4600 square feet of interior commercial space spanning two levels, high 16-foot ceilings, and an abundance of natural sunlight, this property is poised for transformative growth. Whether you envision operating your business, leasing for positive cash flow, or exploring residential conversion and mixed-use development, the possibilities are limitless.

Property details

MLS #
1404684
Property type
Commercial,Industrial,Apartment,Mixed Use,Warehouse
Subdivision
N/A
Status
Active
Days on market
47
On market date
February 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
8
Lot size
0.15 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Veterans Memorial Elementary
0.21 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
366
Student:teacher ratio
11.8:1
District
Central Falls
Middle
Calcutt Middle School
0.19 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
729
Student:teacher ratio
17.0:1
District
Central Falls
High
Central Falls Sr High
0.39 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
804
Student:teacher ratio
17.1:1
District
Central Falls

Walkability

Blended score for Central Falls's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks19
Schools16
Transit stops20
Pharmacies3

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated March 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.