Listed by William Raveis, Residential Properties Ltd.
$1,895,000
575 Main Street
Details
APN 575MAINSTEGRN
Property Type Mixed Use, Retail
Sub Type Storefront, Residential
Square Footage 8,900
Units 9
Year Built 1960
Buildings 2
Stories 3
Acreage 0.250
Zoning CH
Parking Spaces 8 spaces
Parking Per SqFt 0.90
Mixed Use | 8,900 SqFt
Marketing description
Situated in the heart of the historic district of downtown East Greenwich, 575-591 Main St & 5-7 Friendship St present a rare investment opportunity. This property encompasses two well-maintained buildings with full basements, featuring 9 units: 3 renovated apartments and 6 thriving commercial spaces.The residential portion includes two 2-bedroom apartments and one 1-bedroom apartment, all with private entrances, updated interiors, and separately metered electric and gas. Each commercial space offers its own bathroom, AC, signage, private entrance, and separately metered utilities—with one unit also featuring a convenient overhead door. Additional highlights include off-street parking, numerous property updates for ease of management, and strong income generation. The property is fully rented, making it a true turnkey, income-producing asset in a highly sought-after location.
P&L available upon request. Contact today to schedule a private tour.
Listing Contacts
Listed by William Raveis, Residential Properties Ltd.
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