Property summary
This exceptional 4,500 square foot flex space industrial building in East Greenwich, Rhode Island, presents a compelling investment opportunity. Located at 5800 Post Road, this recently renovated property sits on a 0.21-acre lot and boasts 100% occupancy with three separate tenant units, each generating significant income. The building features a desirable 17-foot ceiling height, providing ample space for various uses. Zoned for General Business, this property benefits from high visibility on a heavily trafficked Route 1, with convenient proximity to Route 4 and I-95. The property's stabilized investment status, coupled with its multi-tenant structure, ensures a consistent cash flow. Each of the three units offers approximately 1,500 square feet, and the asking price is $689,000, translating to $153.11 per square foot and $229,666.67 per unit. The property's features, location, and strong tenant occupancy make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a high-performing industrial property in a prime Rhode Island location.
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6 recent transactions · within 1.5 miComparable in this City
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