245 Warren Ave - Storefront FOR SALE


East Providence, RI 02914- Outer East Bay | 
$849,500 USD
245 Warren Ave, East Providence, RI for Sale
$849,500 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

NEW


245 Warren Ave
East Providence, RI 02914
Outer East Bay


HIGHLIGHTS

  • Over 30,000 SF Landmark Redevelopment Opportunity
  • Full Residential Redevelopment Plans Included
  • High-Visibility Warren Avenue Location

OVERVIEW

A rare opportunity to acquire one of East Providence’s most recognizable commercial properties. The former Rose Furniture building offers over 30,000 square feet of space across three expansive levels, with approximately 140 feet of high visibility frontage along Warren Avenue. Built in 1938 and home to Rose Furniture for more than 80 years, this three-story brick building offers incredible scale, open floor plates, and flexibility for a wide range of commercial, retail, showroom, warehouse, creative, or redevelopment uses. Full architectural drawings for a residential redevelopment of the property are available and included with the sale, providing a compelling vision for its adaptive reuse. Positioned within a vibrant Warren Avenue business district and just steps from the East Providence waterfront, the property sits at the doorstep of one of the city’s most significant areas of investment and redevelopment. The surrounding waterfront district continues its transformation from former industrial land into a growing mix of residential, commercial, recreational, and public waterfront spaces, bringing new investment, residents, and activity to the area.

FOR SALE DETAILS

PRICE

$849,500 USD

PRICE/SF

$25 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C3

APN/PARCEL ID

EPRO-000206-000029-000001

ASK ABOUT THIS PROPERTY

Jonathan KaufmanLila Delman CompassMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jonathan KaufmanLila Delman CompassMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.