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Property profile & analytics
FOR SALE
Showrooms

5670 Post Rd East Greenwich, RI 02818

1,560 SF 0.17 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear
Property ID
US76-0017355
Property summary
AI-generated overview

This exceptional commercial property, located at 5670 Post Road in East Greenwich, Rhode Island, presents a unique investment opportunity. The 1920-built, two-story office building sits on a 7,405 square foot lot and boasts over 1,500 square feet of bright, recently updated interior space. The building features a desirable blend of individual offices and open areas perfect for meetings or presentations. Twelve dedicated parking spaces provide ample convenience for employees and clients. Its prime location on Post Road, adjacent to Siena/Greenwich Plaza, ensures excellent visibility and accessibility. Currently utilized as an office, this versatile property is zoned for commercial use, offering a wide range of potential applications. The low-maintenance exterior and interior contribute to efficient operation and cost savings. While financial statements are unavailable due to owner-occupancy, this property offers a compelling opportunity to establish a strong East Greenwich presence. The asking price is $625,000. This is a rare chance to acquire a well-maintained, highly visible commercial building in a thriving Rhode Island location. The zip code is 02818.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1920
Construction FRAME
Total area 1,560 SF
Lot 0.17 ac (7,492 SF)
Zoning code CH
APN EGRE M:054 B:011 L:068 U:0000
UPID US76-0017355
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
$785k
Blend (final) Blend
$620k
Owner & transaction history
5670 Post Road Partners L · 3 yrs held
5670 Post Road Partners L
since 2023
Last sale
$600,000
4 recorded transactions
2023
$600,000
2020
$425,000
2010
$140,000
2010
$1
Zoning & alternative use
CH · East Greenwich, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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