585 Warren Ave - Storefront Retail/Office FOR SALE


East Providence, RI 02914- Outer East Bay
$1,750,000 USD
401-486-2911
585 Warren Ave, East Providence, RI for Sale
$1,750,000 USD
Storefront Retail/Office - FOR SALE
1/47
null | Request Cap Rate

585 Warren Ave
East Providence, RI 02914
Outer East Bay


HIGHLIGHTS

  • Close Proximity to I-195 & Downtown Providence.

OVERVIEW

Exceptional Commercial or Residential Redevelopment Opportunity – East Providence An outstanding opportunity awaits investors, developers, and owner-users for this site in East Providence. The property spans 34,584 sq. ft. and features a two-story, 9,600 sq. ft. building with excellent visibility and access from three street frontages, plus additional rear access. The building’s first floor contains four established retail units, while the second floor is currently configured as office space. The ground level functions as a garage, offering valuable utility and storage options. The site also includes a three-car carriage garage with 18-foot ceilings and a separate two-car garage, adding even more flexibility. This property is a prime candidate for creative redevelopment, including but not limited to: Multi-unit residential conversion Medical, wellness, or professional office use Studio or specialty commercial facility Potential subdivision for single-family home development with abundant on-site parking, unmatched accessibility, and positioning just minutes from I-195, Downtown Providence, and major routes to Boston, this standalone site sits in a high-traffic area surrounded by both long-established local businesses and national retailers. Strong area demographics and the property’s strategic location make it ideal for a wide range of uses. Conceptual drawings for a multi-unit redevelopment and a recent property survey.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,584 SF

ZONING

C3

APN/PARCEL ID

EPRO-000307-000006-000002

ASK ABOUT THIS PROPERTY

Michael SaccoccioCOLDWELL BANKER REALTYMore Info
401-486-2911

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Michael SaccoccioCOLDWELL BANKER REALTYMore Info
401-486-2911

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