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$400,000

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 presents a rare chance to shape the future of Woonsocket’s residential/commercial landscape. Note that this property is zoned MU1. Developers and investors are invited to explore the possibilities and design a new chapter for this property, turning a well-located retail site into a vibrant development. Investment Highlights, 1. Current retail use with redevelopment. 2. Flexible lot and structure, offering numerous residential or mixed-use configurations 3. Prime location in a growing, desirable market 4. Excellent street visibility and access 5. Opportunity to add significant value through creative redevelopment. This property is ideal for a skilled developer seeking new opportunities. For more information or to schedule a site visit, contact your real estate professional and discover the full potential of this outstanding investment opportunity. For more information or to schedule a site visit, contact your real estate professional and discover the full potential of this outstanding investment opportunity.

Property details

MLS #
1391865
Property type
Mixed Use,Office,Warehouse,Commercial
Subdivision
East Woonsocket
Status
Active
Days on market
218
On market date
August 5, 2025
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
6
Lot size
0.1409 acres
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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
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, 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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places 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 218 days -- 158 more days than Woonsocket's current average of 60 days.
For reference, the median list price across 402 active listings in Woonsocket right now is $419,450.

Mortgage calculator

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

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Est. monthly payment
$2,559/mo
$80,000 down
$320,000 loan
Principal & interest$2,076
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 April 21, 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.