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575 - 591 Main Street East Greenwich

$1,950,000
8,900 sq ft

The Property

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.

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Listing Details

MLS Number

1371097

Lot Size:

0.25 acres

Features

  • Basement: Full
  • Interstate
  • Public School
  • Restaurants
  • Heating: Baseboard, Gas Connected, Hot Air
  • Heating Fuel: Baseboard, Gas Connected, Hot Air
  • Downtown
  • Historic
  • Strip Store
  • Year Built: 1960

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Market Trends for Commercial
in East Greenwich

  • Overview
    Homes for Sale Today1066.7% increase in inventory
    New on Market *5100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$110.40$110 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Residential Properties Ltd.

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