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Property profile & analytics

378 Main St East Greenwich, RI 02818-3687

  • Showrooms
  • 8,556 SF
  • 0.52 lot acres
OFF-MARKET
Last Sale
May 20, 2025
$2,150,000
Value Estimations
$1,940,000
Show details
Cap Rate Potential
5.5%
Showrooms
Location Intelligence
Property ID
US76-0209770
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Showrooms

Property Details for 378 Main St

Year built
1900
Construction
FRAME
Lot size
0.52 lot acres
Property size
8,556 SF
Zone code
CD1
Property type
Showrooms
APN
EGRE M:075 B:003 L:098 U:0000
APU
EGREM075B003L098U0000

Description

This exceptional 728-square-foot office space is ideally situated in the heart of downtown East Greenwich's vibrant Main Street. Located within the single-building Elms Building, this single-tenant unit offers a convenient and prestigious address. The space boasts three distinct rooms, tastefully separated by elegant glass partitions, creating a professional and modern atmosphere. A welcoming lobby area adds to the overall sophisticated feel. Enjoy the comfort of separate utilities and central air conditioning, ensuring a pleasant and productive work environment. Ample parking is readily available on-site with 35 spaces provided for tenants and guests. The building sits on a generous 8,736-square-foot lot. This versatile space presents a multitude of possibilities for businesses seeking a prime location with excellent amenities. Its central location provides easy access to a wide array of restaurants, shops, and other local businesses, making it an attractive option for employees and clients alike. The property is available now, offering an immediate opportunity to establish your business in this thriving community. This is a rare opportunity to secure a well-appointed office space in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,920,000
    ML approach
    $1,885,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,760,000
    6.5%
    $1,625,000
    7%
    $1,510,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,376,000
    Market price range: $1.82M - $4.38M
    AI Estimate
    $1,174,000
    Market price range: $763k - $2.18M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
East Greenwich
County
Kent
State
Rhode Island
Longitude
-71.4499
Latitude
41.6586
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$31,065
$350,200
$895,900
$1,246,100
-
$0.00
$0.00
$0.00
More about this property
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