880 Main St East Greenwich, RI 02818

This exceptional mixed-use property at 880 Main Street, East Greenwich, Rhode Island, presents a unique investment opportunity. The offering encompasses two buildings situated on adjacent lots totaling 19,167 square feet. One building is a fully occupied medical office, specifically a dental practice, operating under a lease with two five-year renewal options. The second building is a substantially renovated and expanded two-family residence. This building has undergone a complete gut renovation, featuring updated floor plans for two units: a first-floor unit with 2-3 bedrooms and a fireplace, and a second-floor unit with 2 bedrooms and 2 bathrooms. Significant progress has been made on the rough-in stages of plumbing, electrical, and a geothermal forced-hot-air HVAC system for both units. Both units are nearing completion, boasting numerous upgrades including new windows and a new roof, in-unit laundry, and private entrances. A full basement provides ample storage, and the property offers abundant off-street parking. The property's current fully leased status projects a gross monthly income exceeding $8,000. Built in 1960, this property is zoned for mixed-use, including traditional office, medical office, and residential uses. The property's location in East Greenwich, Kent County, RI, zip code 02818, offers excellent access to local amenities and transportation. This is an ideal investment for those seeking a diversified portfolio with strong rental income potential. Asking price is $899,900.