5800 Post RdEast Greenwich, RI 02818

For Sale
$689,000
High-Return Industrial Investment, 3 Units

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 4,500 square foot flex space industrial building in East Greenwich, Rhode Island, presents a compelling investment opportunity. Located at 5800 Post Road, this recently renovated property sits on a 0.21-acre lot and boasts 100% occupancy with three separate tenant units, each generating significant income. The building features a desirable 17-foot ceiling height, providing ample space for various uses. Zoned for General Business, this property benefits from high visibility on a heavily trafficked Route 1, with convenient proximity to Route 4 and I-95. The property's stabilized investment status, coupled with its multi-tenant structure, ensures a consistent cash flow. Each of the three units offers approximately 1,500 square feet, and the asking price is $689,000, translating to $153.11 per square foot and $229,666.67 per unit. The property's features, location, and strong tenant occupancy make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a high-performing industrial property in a prime Rhode Island location.

Highlights

  • $689,000 asking price for this stabilized industrial flex investment property.
  • 4,500 square feet on a 0.21-acre lot in East Greenwich, RI.
  • Three (3) units, 100% occupied with modified leases and multiple tenants.
  • $153.11 per square foot; $229,666.67 per unit.
  • Features 17-foot ceilings and General Business zoning.

Property Details for 5800 Post Rd

Property type
Industrial properties, Flex space
Square Feet
4,500 SF
Stories
1
Lot Size (sq. ft)
9,148 SF
Units
3

Location Insight

City
East Greenwich
County
Kent
State
Rhode Island
Latitude
41.638230793581
Longitude
-71.468559244788
5800 Post Rd, East Greenwich, Rhode Island

FAQs

What type of property is this?
Industrial property - High-Return Industrial Investment, 3 Units
Where is the industrial property located?
The property is located at 5800 Post Rd East Greenwich, RI.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: $689,000 asking price for this stabilized industrial flex investment property.; 4,500 square feet on a 0.21-acre lot in East Greenwich, RI.; Three (3) units, 100% occupied with modified leases and multiple tenants.
How can I contact the broker?
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5800 Post Rd
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