176 Main Street East Greenwich, RI $ 2,050,000
176 Main Street
$ 2,050,000
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176 Main Street

East Greenwich, RI, 02818
$ 2,050,000
Baths0.0 Sq 10,086

Monthly Estimate*

$ 14,320

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Studio

Commercial Property for sale in East Greenwich, RI

for $2,050,000. This 10,086 square foot building was built in 1920 on a lot size of 0.351.

Generational Opportunity to Own a Block of Historic East Greenwich. Pride of Family Ownership Since World War 2 this Property Consists of 5 Buildings Comprised of 9 total units. 176 Main Street offers 2 Commercial units and 1 Generous 2 bed Residential Unit, 186 Main Street is a 2,000+ sf Restaurant w Over 60 Seats and a Full Basement, 186 Main Street Rear is a Cozy 1 Bedroom Residential Cottage, 75 Marlborough Street is a Spacious 2 family home with Two Oversized Garages and 77 Marlborough Street is Another Spacious 2 Family Home with Two oversized garages. Off-street parking for 6 cars, a Fabulous Courtyard between Properties, Potential for Immediate Income Growth & Much more. All buildings are Fully Rented and In Great Condition with Separate Tenant Paid Utilities. This Sale is for Real Estate Only, Business and Tenant Equipment Not included. Rare Offering !!

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Commercial Pending

Price

$ 2,050,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,812

Style

Commercial

Lot Size

0.351

Year Built

1920

Town/City

East Greenwich

County/Region

Kent

MLS | Web ID

1357489

Features
General
Sewer Connected PublicSewer Sanitary StormSewer
Heating Baseboard ForcedAir Steam
Cooling Ductless WindowUnits WallUnits
Utilities CableAvailable ElectricityAvailable FiberOpticAvailable NaturalGasAvailable NaturalGasConnected MunicipalUtilities PhoneAvailable SewerConnected WaterConnected
Possession Immediately Negotiable
Development Status Subdivided
Security Features CarbonMonoxideDetectors FireAlarm SmokeDetectors VariesByUnit
Construction Materials Frame Masonry
Year Built 1920
Electric CircuitBreakers
Property SubType Commercial
Tax Year 2023
Business Type BarTavernLounge FoodBeverage Mixed Parking RealEstate Restaurant Retail
Community Features HighwayAccess Marina NearSchools PublicTransportation RecreationArea Restaurant Shopping HighTrafficLocation StreetLights Sidewalks
County Kent
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Historic Hill & Harbour District
Possible Use Commercial Investment MultiFamily MixedUse Other Residential Retail SeeRemarks
Garage Y/N N
Building Features PublicRestrooms
Status Pending
City East Greenwich
View Y/N N
Senior Community Y/N N
Total Units 9
Lot Size Square Feet 15246.0
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 9
Street Name Main
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 28812.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/176-186-Main-ST-East-Greenwich-RI-02818
Days on Market 23
Structure Type Apartment
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 1578800
Tax Lot 65
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Interior
Furnished Y/N Unfurnished
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 10086.0
Street Suffix Street
Laundry Features InUnit
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features HistoricDistrict
Water Source Connected Public
Total Parking 10.0
Inclusions Tenant Equipment Excluded
Lot Size Area 15246.0
Foundation Details Combination
Number of Buildings 5
Spa N
Building Area Total 10086.0
Lot Size Acres 0.351
Road Surface Type Concrete
Frontage Length 75
Lot Size Units SquareFeet
Road Frontage Type CityStreet StateRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 176
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* Excluded Features
List By
Ri Real Estate Services

Broker

mike@401sold.com

Email

Affordability Calculator

$16,721
Per Month
86%
14%
0%
Monthly Principal & Interest
$14,320
Monthly Property Taxes
$2,401
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$2,050,000 Listed Price

Map


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176 Main Street, East Greenwich, RI, 02818 is a Commercial Property for sale at $2,050,000 with 10,086 sqft and a lot size of 0.351. 176 Main Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 02818 which is in East Greenwich, RI