Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    591 Main St East Greenwich, RI 02818

    New
    For Sale
    $1,825,000

    Mixed Use,Commercial - East Greenwich, RI

    Property size:
    8,900 SF
    Lot size:
    0.25 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 591 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CH
    Parking
    8
    Interior features
    Ceiling Height (7 To 9 Ft), Ceiling Height (12 To 15 Ft)
    Exterior features
    Downtown
    Size
    8,900 SF
    Lot size
    0.25 Acres

    Building Details

    Year built
    1960
    Number of units
    9
    Architectural style
    Other

    William Raveis (401) 751-8100 [email protected]

    Listing agent Brett Bessette (401) 751-8100

    Listing date Dec 2, 2025

    MLS# 1400839 Listing URL

    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.

    Overview

    East Greenwich Mixed-Use Investment

    Located in the historic district of downtown East Greenwich, the property at 575-591 Main St & 5-7 Friendship St features two well-maintained buildings with full basements. The property includes 9 units: 3 renovated apartments and 6 commercial spaces. The residential component consists of two 2-bedroom apartments and one 1-bedroom apartment, all featuring private entrances, updated interiors, and separately metered electric and gas. Each commercial space is equipped with its own bathroom, air conditioning, signage, private entrance, and separately metered utilities; one unit also includes an overhead door. Additional features include off-street parking and numerous property updates. The property, situated on a 0.25-acre lot, generates strong income and is fully rented. The property size is 8900 square feet. Lead Safe Certificates are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Greenwich
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.453076
    Latitude
    41.656634

    Nearby Similar for Sale

    • $289,000
      1,543 SF

      East Greenwich Medical Office Space

      First-floor medical office with highway commercial zoning and accessibility features.
      5835 Post Rd, East Greenwich, RI 02818
      View Details
    • $1,800,000
      6,576 SF

      East Greenwich Multi-Family Investment Opportunity

      Package deal: two multi-family homes, commercial property, and garage.
      134 Duke St, East Greenwich, RI 02818
      View Details
    • $1,800,000

      East Greenwich Mixed-Use Investment Opportunity

      Three buildings with income potential in desirable East Greenwich location.
      134 Duke St, East Greenwich, RI 02818
      View Details
    • New
      $149,900
      1,152 SF

      East Greenwich Office Condo For Sale

      Professional office condo in a prime East Greenwich location.
      1050 Main St, East Greenwich, RI 02818
      View Details
    • $499,900
      0.24 Acres

      East Greenwich Office Building For Sale

      Professional office building in East Greenwich, Rhode Island available for purchase.
      5393 Post Rd, East Greenwich, RI 02818
      View Details
    • Contact for pricing
      181 SF

      Renovated Office Suites in Greenwich

      East Greenwich office suites with utilities included and ample parking.
      2843 South County Trl, East Greenwich, RI 02818
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two buildings with 9 units in historic downtown East Greenwich.
    Where is this mixed-use property located?
    The property is located at 591 Main St East Greenwich, RI.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - Prime location in the heart of the historic district of downtown East Greenwich.; - Turnkey, fully rented property with strong income generation.; - Attractive mix of 3 renovated residential apartments and 6 thriving commercial spaces.
    (401) 751-8100
    Request Owner's contact information
    591 Main St East Greenwich, RI 02818
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    591 Main St
    East Greenwich, RI 02818
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    591 Main St East Greenwich, RI 02818
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.