For Sale
$399,000

69 Main StWoonsocket, RI 02895

Prime Location, Mixed-Use Building, High Potential

Overview

Added:
Feb 3
Days on market:
65
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.

Property Details for 69 Main St

Property type
Square Feet
2,108 SF
Year Built
1945
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Woonsocket
County
Providence
State
Rhode Island
Latitude
42.0066
Longitude
-71.51294
69 Main St, Woonsocket, Rhode Island

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69 Main St
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