Emily Christenbury
← INNOVATE Real Estate
Commercial at 584 N North Main Street, Woonsocket
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33 photos

$1,299,900

584 N North Main Street
Woonsocket, RI 02895
Listed by Talib Hussain
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1905

About this home

Exceptional mixed-use investment opportunity in the heart of Woonsocket’s thriving commercial corridor. Located at 584 N Main Street, this well-positioned property features 11 income-producing units, including 9 residential apartments and 2 commercial spaces, generating approximately $12,200 per month in gross rental income. The property offers a diverse tenant mix, providing stable cash flow and long-term upside potential. Additional amenities include a 6-car garage, ample on-site parking, and a common laundry area with the opportunity to generate additional income. Situated in a highly visible central location with convenient access to major routes, shopping, restaurants, and local employers, this turnkey asset presents an outstanding opportunity for investors seeking strong returns, value-add potential, and a prominent presence in one of Northern Rhode Island’s most active markets.

Property details

MLS #
1420364
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
23
On market date
August 11, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
12
Lot size
31 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Harris School
0.39 mi away · Grades 0-5
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
441
Student:teacher ratio
14.7:1
District
Woonsocket
MiddleCharter
Founders Academy
0.53 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
160
Student:teacher ratio
13.3:1
District
Beacon Charter School
HighCharter
BEACON Charter School
0.56 mi away · Grades 9-12
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
217
Student:teacher ratio
13.6:1
District
Beacon Charter School

Walkability

Blended score for Woonsocket's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

75
Walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks19
Schools13
Transit stops20
Pharmacies5

Market position

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

On the market 23 days -- 39 fewer days than Woonsocket's current average of 62 days.
For reference, the median list price across 362 active listings in Woonsocket right now is $414,000.

Mortgage calculator

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

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/mo
Est. monthly payment
$7,978/mo
$259,980 down
$1,039,920 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 26 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.