Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30034368
Property Subtypes: Mixed Use, Restaurant
Status: Pending
Building Size (RSF): 6,845 SF
Gross Building Area: See Agent
Sale Price: $599,900
Unit Price: $87.64 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Normans
Sale Terms: Cash to Seller
Average Occupancy Rate: 80
Last Updated: 11/16/2017

Overview / Comments

Investors/Restaurateurs take note. One of Rhode Islands hottest spots. Main Street East Greenwich Landmark. High traffic/walking count. Former pub/diner with 10 additional residential units. Location can not be beat.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Zoning: CD1
Retail Clientele: General, Family, Business, Tourist
Property Located Between: 1st Ave and Division
Property Visibility: Excellent
Site Description: Two buildings on lot. Front building has pub down and residential up back building has all residential
Area Description: Downtown East Greenwich.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 3
Typical SF / Floor: 1,692 SF
Property Condition: Fair
Year Built: 1900
Roof Type: Mansard
Construction/Siding: Wood Frame
Parking Description: No off street parking
Sprinklers: None
Heat Type: Natural Gas, Oil
Heat Source: Baseboard, Other
Air Conditioning: Other
Interior Description: Mixed use.
Zoning Description: CD1 Commercial Downtown One District (CD/CD-1). This zone is designed to provide multiple uses on Main Street properties between Division Street and First Avenue/Rocky Hollow Road to promote active use of East Greenwich's downtown area by residents, shoppers and service-use clients and to provide vehicle and pedestrian safety. This district emphasizes first-floor (street-level) uses which promote and encourage pedestrian activity and stops at more than one business
Lot Frontage: 36'
Lot Depth: 106'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Plat 85-1 Lot 222

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,758 46,168 126,039
Median Age: 45.3 44.57 42.45
Households: 2,390 19,732 52,766


Photograph of Listing Agent

RI Real Estate Commercial Group

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