Search
Three-Story Brick Storefront
New
For Sale
$849,500

245 Warren Avenue, East Providence, RI 02914

Architectural plans for residential redevelopment are included with the sale.

Property Size30,000 SF
Price / SF$28.32
Days on Market6

Property Features for 245 Warren Avenue

General Information

Standard status Active
Size 30,000 SF
Property subtype Commercial

Additional Details

Frontage 140 ft

Building Details

Year Built 1938
Buildings 1
Stories 3
Building Size 30,000 SF
Construction brick
Listing Agency: Compass
Listed By: Jonathan Kaufman · License #RES.0044773
Source: Lockandkeyre
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 4 at 9:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Built in 1938, this three-level brick storefront contains over 30,000 square feet of above-ground space, with broad floor plates across each level. The building served as the home of Rose Furniture for more than 80 years. Architectural drawings for a residential redevelopment are included with the sale, offering a documented reuse concept alongside the property's existing commercial configuration.

At 245 Warren Avenue in East Providence, the property has approximately 140 feet of frontage on the avenue. It is steps from the waterfront and situated within the Warren Avenue business district. The nearby waterfront area is evolving from former industrial land into a mix of residential, commercial, recreational, and public waterfront spaces.

Key Highlights

  • Three levels with over 30,000 square feet of above‑ground space
  • Approximately 140 feet of frontage along Warren Avenue
  • Brick building constructed in 1938

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Bank of America Shops & Services
6,676 visits/mo 0.4 miles
Family Dollar Shops & Services
5,376 visits/mo 0.4 miles

Demographics for 02914, RI

22,140
Population
10,082
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
4,518
Density / Sq Mi
$60,838
Median Household Income
$43,696
Median Earnings
$1,165
Median Rent
$309,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Gilmore's Flower Shop — 76 Taunton Ave, East Providence, RI 02914
  • Check The Florist — 76 Taunton Ave, East Providence, RI 02914

Frequently Asked Questions

What type of property is this?
Storefront property - Architectural plans for residential redevelopment are included with the sale.
Where is this storefront property located?
The property is located at 245 Warren Avenue East Providence, RI.
What is the asking price?
The asking price for this property is $849,500.
What are key features of this property?
This property features: Three levels with over 30,000 square feet of above‑ground space; Approximately 140 feet of frontage along Warren Avenue; Brick building constructed in 1938
More about this property
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
Why this one?
Saved
Reason not saved — we won't ask again