157 Rathbun Street Woonsocket, RI $ 2,900,000
157 Rathbun Street
$ 2,900,000
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157 Rathbun Street

Woonsocket, RI, 02895
$ 2,900,000
Bedrooms-- Baths-- Sq 17,246

Monthly Estimate*

$ 17,856

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Commercial Property for sale in Woonsocket, RI

for $2,900,000. This 17,246 square foot building was built in 1900.

Stabilized cash flow, built-in upside, and the kind of scale serious investors move on fast. Four buildings, 23 units, and a 50-car parking lot delivering $31,000/month ($372,000 annualized) with stable income from day one. With an achievable rent roll of $34,225/month, there's over $38,000 in annual upside already baked in value-add potential without the heavy lift. The unit count supports real economies of scale, the parking differentiates the asset, and Woonsocket's proximity to Providence keeps rental demand consistent. This is the kind of stabilized, cash-flowing portfolio with clear growth runway that doesn't stay available long.

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Commercial Active

Price

$ 2,900,000

Property Type

Commercial

Taxes

$ 38,736

Style

Year Built

1900

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1413389

Features
General
Sewer Connected
Utilities Sewer Connected
Possession Negotiable
Zoning R4
Construction Materials Frame
Year Built 1900
Electric Circuit Breakers
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
Business Type Residential
County Providence
New Construction false
Property Type Commercial Sale
Status Active
City Woonsocket
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 30492
Land Lease Y/N false
Tax Annual Amount 38736
Virtual Tour https://tour.RiLiving.com/157-Rathbun-Street-Woonsocket-RI-02895
Structure Type Apartment
Standard Status Active
Tax Assessed Value 1818600
Tax Lot 50 51 52
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Interior
Total Stories 3
Total Baths 0
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Exterior
Total Parking 50
Lot Size Area 30492
Number of Buildings 4
Building Area Total 17246
Road Surface Type Asphalt
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* Excluded Features
List By
Here Realty

Broker

Jim@LyonPropertyGroup.com

Email

Affordability Calculator

$21,084
Per Month
85%
15%
0%
Monthly Principal & Interest
$17,856
Monthly Property Taxes
$3,228
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
6/17/2026$2,900,000 Listed Price

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157 Rathbun Street, Woonsocket, RI, 02895 is a Commercial Property for sale at $2,900,000 with 17,246 sqft. 157 Rathbun Street was built in 1900. The property's zip code is 02895 which is in Woonsocket, RI