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Restored Mill Building Flex Space

5 DIVISION, Warwick, RI 02818

For Lease
$800/Mo
Pending

Restored mill building in East Greenwich's Harbor Hill District.

Space SizeContact for details
Lot Size1.62 Acres
Days on Market407

Property Features for 5 DIVISION

General Information

Standard status Pending
Lot size 1.62 Acres
Property subtype Commercial

Amenities

Circuit Breakers

Building Details

Year Built 1850
Listing Agency: REMAX REVOLUTION
Listed By: LORI MARCHETTI · License RI RES.0030281
Source: Corcoran
Added: Sep 30, 2025 Changed: Nov 9 Last Checked: Nov 8 at 5:14AM

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 REMAX REVOLUTION

Rey
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Investment Insights

Based on property information with market context.

Located in the historic Hill Harbor District of East Greenwich, the Harbor Hill Complex is a restored brick mill building. The property offers clean, bright space suitable for light manufacturers and entrepreneurs. It is conveniently located within walking distance of Downtown East Greenwich and minutes from Interstate 95 N/S and Route 4S. T.F. Green Airport is 10 minutes away. Generous free parking, building security, and property management are provided. The property offers an affordable gross lease. The property size is 814 square feet.

Key Highlights

  • Historic brick mill building in the Hill Harbor District of East Greenwich.
  • Affordable gross lease suitable for light manufacturers and entrepreneurs.
  • Convenient location within walking distance to Downtown East Greenwich and minutes to Interstate 95 and Route 4.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Duparquet Cookware Industrial Manufacturer Dumas David Law Firm Sound Technologies Electronics & Wireless Store Foldex Corporation Industrial Manufacturer DIF Design Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Auto Parts Store Furniture & Home Goods Garden 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.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02818, RI

19,907
Population
8,623
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
939
Density / Sq Mi
$120,952
Median Household Income
$72,985
Median Earnings
$1,384
Median Rent
$564,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Warwick, RI

$15.44 /SF/Yr
Avg Asking Price
$10.5–$22.2 /SF/Yr
Price Range
4,949 SF
Avg Space Size

This space is priced 24% below the average of $15.44 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Kent County, RI

$15.02 Jul
$13.35 Aug
$13.49 Sep
$13.62 Oct

Properties on Market for Flex space in Kent County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Anti Pastos Italian Kitchen — 123 Main St, Warwick, RI 02889

Frequently Asked Questions

What type of property is this?
Flex space - Restored mill building in East Greenwich's Harbor Hill District.
Where is this flex space located?
The property is located at 5 DIVISION Warwick, RI.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: Historic brick mill building in the Hill Harbor District of East Greenwich.; Affordable gross lease suitable for light manufacturers and entrepreneurs.; Convenient location within walking distance to Downtown East Greenwich and minutes to Interstate 95 and Route 4.
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