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Open Creative Space
For Lease
$2,500/Mo

61 Cedar Avenue, East Greenwich, RI 02818

Commercial/Business,Commercial Lease, East Greenwich, RI

Space SizeContact for details
Days on Market109

Property Features for 61 Cedar Avenue

General Information

Property type Commercial Lease
Property subtype Other
Interior features Ceiling Height (9 to 12 Ft), Ceiling Height (12 to 15 Ft)
Subdivision Cedar Avenue
Lot features Assoc. Fee, Strip Store, Suburban
Standard status Active
Size 1,380 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8149

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

high ceilings
central air
half bath
gas heat
parking lots

Building Details

Year built 1925
Floors in Building 1
Number of units 2
Listing Agency: Weichert Realtors-Cress & Co.
Listed By: Robert Cressman
Added: May 5 Changed: Aug 19 Last Checked: Aug 21 at 2:06PM
MLS# 1411847

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1,380-square-foot creative space offers an open interior designed for flexible commercial use. The unit includes central air, forced-air natural-gas heat, and a half bath, with parking available in the surrounding lots. Built in 1925, the property is located within Steeple Street Office Park on Cedar Avenue in East Greenwich. Its position near Post Road provides a recognizable commercial setting for office, studio, or gallery operations.

Key Highlights

  • 1,380‑square‑foot open creative space
  • Central air and forced‑air natural‑gas heating
  • Half bath within the unit

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Bakery

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

NNN (Triple Net)
Lease Type
$3.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Flexible commercial unit with central air, a half bath, natural-gas heat, and on-site parking.
Where is this creative space located?
The property is located at 61 Cedar Avenue East Greenwich, RI.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,380‑square‑foot open creative space; Central air and forced‑air natural‑gas heating; Half bath within the unit
More about this property
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