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A rare opportunity to elevate your business in the heart of East Greenwich. Welcome to 61 Cedar Avenue, Unit 6, offering over 3, 500 sq. ft. of single-level commercial space designed for flexibility, function, and presence. Ideally located just one block from Post Road with convenient access to Route 1 and public transportation, this property offers strong visibility in one of the area's most desirable commercial corridors. Inside, natural light, exposed brick, high ceilings, and thoughtful architectural details create a professional yet inviting setting. The versatile layout includes seven spacious private offices, five dedicated individual workstations, a beautiful conference room, multipurpose open space, a full kitchen, restroom facilities, and an additional flexible area that could serve as an eighth office, storage, or specialized support space. Expansive attic storage adds practical value while keeping the main level clean and client-ready. Well-suited for professional services, medical or wellness use, education, consulting, creative work, or a collaborative office environment, this space offers character, efficiency, and adaptability. Parking is located directly in front of the unit, with additional shared parking available for clients and staff. More than square footage, this is an opportunity to establish or expand your East Greenwich presence with flexibility and long-term potential.
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$639,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $511,920 | $511,920 | $511,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $1,108 | $1,108 | $1,108 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,069 | $3,194 | $4,251 |
| Total Monthly Payment | $4,269 | $4,394 | $5,451 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.