Active

575 Main Street

East Greenwich RI, 02818

$1,950,000


$219.10 per sqft

Active

8,900 sqft

Commercial

Built in 1960

Situated in the heart of the historic district of downtown East Greenwich, 575-591 Main St & 5-7 Friendship St offer a prime investment opportunity. This property encompasses two buildings with full basements, featuring 9 units: 3 renovated apartments and 6 thriving commercial spaces. The residential units include two 2-bed apartments and one 1-bed apartment, all with private entrances, updated interiors, individually metered electric and gas. Each commercial space boasts a bathroom, AC, individual metered gas and electric, signage, and private entrances. The property has been well-maintained with numerous updates to ensure efficient management. This income-producing property is an exceptional find in a sought-after location. P&L provided upon request. Contact today for a private tour.

1363902

MLS ID

July 16, 2024

Listed

October 1, 2024

Updated

Map

575 Main Street
East Greenwich RI, 02818

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, 1 Unit


Heating

Yes


Heating Description

Baseboard, Forced Air, Gas

Exterior/Building Features

Lot Size

0.25 Acres


Sewer

Connected, Public Sewer

Other Property Details

Taxes

$22,164


Tax Frequency

Annually


Days on Market

30


Garage

No


Parking Total

8


View

No


County

Kent


Water Source

Connected, Public


Pool

No

 

Courtesy of Residential Properties Ltd.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Mott & Chace | Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 8:33 PM UTC, 10/1/2024.

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