585 Warren Ave - Storefront Retail/Residential FOR SALE


East Providence, RI 02914- Outer East Bay
$1,750,000 USD
401-751-3200
585 Warren Ave, East Providence, RI for Sale
$1,750,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | Request Cap Rate

585 Warren Ave
East Providence, RI 02914
Outer East Bay


HIGHLIGHTS

  • ±9,600 SF two-story commercial building
  • ±0.79-acre (34,000+ SF) parcel with potential to sub-divide
  • Retail storefront opportunity w/ 2nd floor office suites
  • Ground-level garage and storage space
  • Detached 3-car carriage building with 18’ ceilings

OVERVIEW

Exceptional multi-tenant commercial investment opportunity in East Providence. Situated on a ±0.79-acre corner parcel with frontage and access from three streets, the property is improved with a ±9,600 SF two-story retail and office building. The first floor features retail storefronts, while the second floor offers flexible office space. Additional features include a ground level garage, a detached three-bay carriage building with 18-foot ceilings, and a separate two-car garage. Zoned C-3 Commercial with a portion of the property zoned residential, the site offers flexibility for retail, office, mixed-use, residential conversion, or owner-occupant use. The oversized parcel provides ample on-site parking and future redevelopment potential. 585 Warren Avenue presents a highly visible commercial opportunity in East Providence, Rhode Island, just minutes from Interstate 195 and Downtown Providence. The property's location provides direct access to key population centers throughout Rhode Island and Southeastern Massachusetts, supporting a broad customer and workforce base. The Perry Building at 585 Warren Avenue benefits from strong daily traffic counts and exposure within a well-established retail and service-oriented trade area. Nearby residential neighborhoods, commercial businesses, and ongoing redevelopment activity contribute to a dynamic and growing market environment. The corner location, multiple points of ingress and egress, and prominent frontage create strong functionality for a variety of retail, office, service, and mixed-use applications. Its combination of accessibility, visibility, and market positioning makes this property a compelling opportunity for investors, developers, and owner-users alike.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Perry Building - Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

undefined, Service, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

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

Whitney RuggMG Commercial Real EstateMore Info
401-751-3200

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Whitney RuggMG Commercial Real EstateMore Info
401-751-3200

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