Woonsocket, RI
Commercial Real Estate Market Trends & Data

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%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cumberland $203 18,924 SF 7.50%
Lincoln $196 17,130 SF 8.78%
Nearby Retail Markets Avg Cost/SF Typical Size
Woonsocket $67 14,910 SF
North Smithfield $136 21,741 SF
Blackstone $398 1,320 SF
Cumberland $453 4,144 SF
Bellingham $398 32,059 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Woonsocket $174 11,898 SF 9.54%
North Smithfield $169 7,453 SF 9.54%
Blackstone $172 12,934 SF 8.40%
Cumberland $361 9,285 SF 7.44%
Bellingham $166 16,091 SF 7.99%

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

130 E School St

Woonsocket, RI 02895

  • 4,800 SF Multifamily
  • $620,000
For Sale

And 18 Laundry St

Woonsocket, RI 02895

  • 17,413 SF Multifamily
  • $2,400,000
For Sale

53 Coe St

Woonsocket, RI 02895

  • 10,567 SF Specialty
  • $649,900
For Sale

139 E School St

Woonsocket, RI 02895

  • 6,530 SF Multifamily
  • $1,200,000
For Sale

Salvation Army Thrift Store/Montgomery Ward

Woonsocket, RI 02895

  • 27,320 SF Retail Building
  • $695,000
For Sale

Woonsocket, RI Multi-Family Retail

Woonsocket, RI

  • $2,900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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 $159 15,658 SF
North Smithfield $155 19,724 SF
Blackstone $192 13,922 SF
Cumberland $223 36,211 SF
Millville $297 3,200 SF

Multifamily Properties For Sale in Woonsocket

For Sale

139 E School St

Woonsocket, RI 02895

  • 6,530 SF Multifamily
  • $1,200,000
For Sale

18 Units in 3 Buildings at 7.88 CAP

  • 7.88% Cap Rate
  • $2,830,000

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.