575 Main St East Greenwich, RI 02818

Price
$1,895,000
Listed On
Type
For Sale
Status
Active
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
575 Main St, East Greenwich, RI 02818
8900 sqft
Asking  $1,895,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Other
MLS Number
1396711
Parcel Number
Property Sqft
8,900 sqft
Lot Size
0.25 acres
Year Built
1960
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
10,890
Price Low
-
Room Count
-
Building Unit Count
9
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
8
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

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.

More Details

MLS Name
State Wide MLS of Rhode Island, Inc.
Source
ListHub
MLS Number
1396711
MLS ID
SWMLSRI
Virtual Tour
PARTICIPANT
Name
Brett Bessette
Primary Phone
(401) 751-8100
Key
3YD-SWMLSRI-42769
Email
BrettLBessette@gmail.com
BROKER
Name
William Raveis
Phone
(401) 751-8100
OFFICE
Name
William Raveis Inspire
Phone
(401) 751-8100
Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Architectural Style
Other
Other
Exterior
Downtown
Downtown
Interior
Ceiling Height (7 To 9 Ft)
Ceiling Height (7 To 9 Ft)
Ceiling Height (12 To 15 Ft)
Ceiling Height (12 To 15 Ft)

History

DateEventPrice$/SqftSource
Listed For Sale$1,895,000 $213William Raveis Inspire
Report issue with price history

Taxes

YearAnnual AmountDescription
2024$22,164

Nearby Schools

Middle School

James H. Eldredge El. School

0.1 miles away04 - 06

Middle School

Archie R. Cole Middle School

0.5 miles away07 - 08

Middle School

George Hanaford School

0.9 miles away04 - 06
Show more
Get more info on 575 Main St, East Greenwich, RI 02818
Profile
Brett Bessette
Listing Agent
(401) 751-8100
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Brett Bessette
Listing Agent
(401) 751-8100
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.