New Listing - 11/25/2025
591 Main Street, East Greenwich, RI, 02818
1960
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. Lead Safe Certificates available. P&L available upon request. Contact today to schedule a private tour.
Status:
Active
Type:
Commercial
Furnished Remarks:
Unfurnished
Units:
9
Zoning:
CH
Frontage:
100
Cooling:
Central Air
Basement:
Full
Parking:
8-car
Acreage:
0.25
Est. Taxes:
$22,164
Assessment
$1,123,600
Permitted Use
Mixed Use,Retail
Utilities
Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
Amenities:
Public Transportation, High Traffic Location
Days on Market:
7
MLS #:
1400839
Contact listing agent for buyer broker compensation if applicable.