1000 Division StEast Greenwich, RI 02818

  • Other commercial real estate
  • 19.60 AC
For Lease

Property Details for 1000 Division St

Lot size
19.60 AC
Zone code
CH
Property type
Other commercial real estate
APN
EGRE M:081 B:010 L:006 U:0000
APU
EGREM081B010L006U0000

Description

East Greenwich Square presents a prime retail investment opportunity in a thriving Rhode Island community. This 158,918 square foot, multi-tenant shopping center is strategically located in East Greenwich, a suburb approximately 15 miles south of Providence. The center boasts a strong anchor tenant, Dave's Fresh Marketplace, whose flagship store serves as a significant draw for shoppers. Currently, there is 4,909 square feet of vacant space available, presenting a unique chance for a new business to establish itself within this bustling center. The available space totals 4,700 square feet, ideal for a restaurant or similar establishment. The property's location within a well-established neighborhood shopping center ensures high visibility and convenient access for customers. The overall center's success, anchored by a major grocery store, provides a stable and attractive environment for potential tenants. This is an exceptional opportunity to secure a space in a thriving retail environment with significant foot traffic and strong community presence. The Kent County location offers easy access to major roadways and a dense residential population. Don't miss this chance to become part of a successful and established retail center.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $161,567,808
    Hospitality
    $147,995,248
    Educational
    $123,130,312
    Medical
    $127,364,952
    Retail
    $191,536,032
1000 Division St, East Greenwich, Rhode Island

Location Insight

City
East Greenwich
County
Kent
State
Rhode Island
Latitude
41.6612
Longitude
-71.4958
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$693,939
$5,217,800
$1,538,700
$6,756,500
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