Woonsocket, RI
Commercial Real Estate Market Trends & Data

$199 Avg asking sale price
$12 Avg asking lease rate
35,430 SF Avg unit lease size
20,375 SF Avg building size for sale
8.11% Average cap rate

Woonsocket's Demographic Profile

Woonsocket has 17,811 households and a median income of $51,586, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 42,299
# Households 17,811
Median age 38
Median household income $51,586
Avg household size 2.0
Renter-occupied housing units 11,421
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Woonsocket, RI

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Woonsocket $226 10,060 SF
North Smithfield $389 15,304 SF
Blackstone $352 4,160 SF
Cumberland $273 6,039 SF
Bellingham $352 31,121 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Woonsocket $235 11,844 SF 9.54%
North Smithfield $229 11,938 SF 9.54%
Cumberland $295 11,430 SF 8.23%
Bellingham $259 12,246 SF 7.99%
Lincoln $192 12,082 SF 8.23%

Commercial Properties For Sale in Woonsocket

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Nova Commons

Woonsocket, RI 02895

  • 19,908 SF Multifamily
  • $6,000,000
For Sale

76 Providence St

Woonsocket, RI 02895

  • 7,500 SF Flex Building
  • $599,999
For Sale

786 Providence St

Woonsocket, RI 02895

  • 15,534 SF Retail Building
  • 5.07% Cap Rate
  • $2,100,000
For Sale

160 Pulaski Blvd

Bellingham, MA 02019

  • 2,800 SF Retail Building
  • $1,050,000
For Sale

259 Main st

Woonsocket, RI 02895

  • 6,921 SF Retail Building
  • $975,000
For Sale

6 Unit Multifamily - 4 2BR and 2 1BR

Woonsocket, RI 02895

  • 6,604 SF Multifamily
  • 8.28% Cap Rate
  • $885,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Woonsocket pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Woonsocket $199 20,375 SF
North Smithfield $285 19,841 SF
Blackstone $221 16,517 SF
Cumberland $209 35,053 SF

Multifamily Properties For Sale in Woonsocket

For Sale

Pinnacle Portfolio

  • 8.25% Cap Rate
  • $4,335,000

Regional Demographic Comparison

This comparison places Woonsocket alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Woonsocket or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Woonsocket 42,299 17,811 38 $51,586 2 11,421 -1%
Blackstone 8,717 3,471 44 $96,404 3 959 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Woonsocket, RI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Woonsocket

View All Commercial Real Estate For Sale in Woonsocket
Is Woonsocket a good market for a first-time commercial real estate investor?

Woonsocket offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Woonsocket?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Woonsocket. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Woonsocket?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Woonsocket. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Woonsocket compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Woonsocket. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Woonsocket acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Woonsocket, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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