146 Duke St East Greenwich, RI 02818-3743
This exceptional mixed-use property at 146 Duke Street in East Greenwich, Rhode Island, presents a rare investment opportunity. The 2,400 square foot building, situated on a spacious 15,730 square foot lot, boasts ample parking. Originally the East Greenwich Train Station, this meticulously restored landmark retains its historical charm while offering modern amenities. Improvements include a new roof, gutters, restored windows with new storm windows, and fresh interior and exterior paint. The property features a two-zone HVAC system, a pressure-treated deck, stairs, a ramp, and a state-of-the-art fire sprinkler and alarm system. Currently configured as a media office, the building's adaptable layout is suitable for various commercial ventures, having previously served as a restaurant and daycare center. Its prime location in East Greenwich's Hill & Harbor District ensures high visibility and accessibility. The building offers two floors of flexible office and meeting space, making it an ideal choice for businesses seeking a unique and historically significant location. Built in 1920, this single building property is priced at $749,900 and presents a compelling opportunity for a diverse range of commercial uses. The property's versatility, combined with its prime location and recent renovations, makes it a truly exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MLIO · East Greenwich, RIEast Greenwich. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.