Commercial at 617 Elm Street, Woonsocket
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$399,900

617 Elm Street
Woonsocket, RI 02895
Listed by Gregory Smith
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1930

About this home

617 Elm Street isn't a turnkey listing, it's a blueprint. The former Tardif Furniture building brings 7,156 sq. ft. across two solid 1930-built stories, sitting on a 6,139 sq. ft. MU-1 parcel just off the Elm Street/Hebert Avenue corner. As-of-right, the zoning already supports a retail storefront with one apartment above. Do the math on the lot, though, and the real story emerges: with Woonsocket's Zoning and Planning Board's approval, this site has the footprint to support retail plus three additional apartments, a four-unit mixed-use building in a state actively incentivizing exactly this kind of conversion, from parking relief to density bonuses for infill housing. The price reflects the building's need for repairs and updating, which is precisely why this deal pencils for the right buyer: you're not paying for a finished product; you're paying for a rare in-town parcel with a clear path to significantly higher density. This is a property for an investor who can look at a vacant furniture store and see four units of rent roll. Serious inquiries only.

Property details

MLS #
1421548
Property type
Commercial
Subdivision
Eastside
Status
Active
Days on market
10
On market date
August 26, 2026
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
8
Lot size
0.1409 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Pothier-Citizens Elem Campus
0.28 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
759
Student:teacher ratio
13.3:1
District
Woonsocket
Middle
Woonsocket Middle at Hamlet
0.49 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
618
Student:teacher ratio
13.7:1
District
Woonsocket
High
Woonsocket High School
0.44 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
1,644
Student:teacher ratio
15.7:1
District
Woonsocket

Walkability

Blended score for Woonsocket'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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks17
Schools16
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Woonsocket, from live MLS data.

On the market 10 days -- 53 fewer days than Woonsocket's current average of 63 days.
For reference, the median list price across 347 active listings in Woonsocket right now is $419,900.

Mortgage calculator

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

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Est. monthly payment
$2,558/mo
$79,980 down
$319,920 loan
Principal & interest$2,075
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 20 days ago.

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.