EAST PROVIDENCE, RI – November 21, 2023 – Lila Delman Compass is pleased to announce the sale of 245 Warren Avenue in East Providence. The Local Group, of Lila Delman Compass, represented the Seller and facilitated for the Buyer in this transaction. The iconic building was known as “Rose Furniture Company” for over 8 decades.
This landmark building boasts approximately 140 ft. of high-visibility frontage and over 30,000 SF of open space with extremely flexible usage. The sale also included the vacant lot located at 320-322 Mauran Ave.
“Representing both the buyer and seller of this historic building, with its 80+ year legacy as a cherished furniture store, has been a truly special experience”, commented Jonathan Kaufman, Sales Associate of The Local Group. “The sellers’ deep connection to the building and their successful business adds an extra layer of significance to this transaction. It’s an honor to have been part of preserving the legacy of such a storied establishment and helping to find the steward for its next chapter.”
Last year, The Local Group, composed of Nicole Maine, Patrick Farrell, Sue Coughlin, Benjamin Wood and Jonathan Kaufman, ranked among the 15 producers Statewide across all firms. Year-to-date, The Local Group ranks among the top 2 teams in Washington County.**
ABOUT LILA DELMAN COMPASS:
In 2021, Rhode Island’s first name in luxury real estate, Lila Delman, proudly joined Compass, the Nation’s #1 real estate brokerage.*** Today, Lila’s Legacy lives on with great strength, backed by the power of Compass. In Rhode Island, Compass owns and operates 12 offices, including Lila Delman Compass and Compass.
Lila Delman Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. *Sale rankings and closing price information is based on information from the Rhode Island Statewide MLS for all sales for the period of January 1, 1991 – November 20, 2023. Luxury ranking based on sales volume of real estate transactions closed over $1M. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. ** “America’s Top 100 Real Estate Agents” representation based on data from US Closed Sales Volume, RealTrends 500 & America’s Top 100 for the period of 1.1.21-12.31.22.***As of 2022, closed sales volume. Source: RealTrends 3/9/23.