Residential Properties Ltd., Rhode Island’s leading real estate company, is pleased to note the continued growth of its commercial sales practices. As of the third quarter, Residential Properties is proud to have earned State-Wide MLS’ #1 ranking for Commercial Sales Volume ($43,443,000) in addition to having sold Rhode Island’s highest commercial sale year to date and highest Cranston sale ever – 43 Poplar Street. RPL Commercial, the full-service commercial arm of Residential Properties Ltd., has kept the momentum going in its East Bay territory as well, having listed and sold a number of significant commercial properties in recent months.
“Don't let our name fool you; Residential Properties' Barrington agents have been busy selling commercial listings around the East Bay and beyond!” Ian Barnacle, Manager of RPL’s Barrington office said. “This is an amazing area to live in – a fact that has driven an increasing desire for commercial properties providing new and better goods and services. As ever, RPL is evolving to meet and exceed the demands of our community. 2023 has been a big year for our company with enhanced marketing and strategic leadership empowering all our lines of business with new verve and direction. RPL Commercial, the successful counterpart to our residential real estate business, is leading the way in the East Bay and throughout Rhode Island, seizing new opportunities in the local commercial landscape.”
Notable recent RPL Commercial sales in the East Bay include:
230 228 County Road Barrington (PENDING) $995,000
Listed by Sales Associate Kris Chwalk, sold by Sales Associate Ramiro Encizo
A prime location on the town’s bustling main road with plenty of parking plus direct access to the bike path and Barrington Shopping Center, the property offers a spacious interior perfectly suited for a wide range of commercial ventures. The first floor layout allows for flexible customization, accommodating various business needs, while a well-appointed two bedroom apartment on the second floor lends charming wood floors, a living room/dining area, kitchen, and full bath.
17 Franklin Street, Warren SOLD for $745,000
Listed and sold by Sales Associate Paula Silva
Just off Main Street in Warren and close to Warren Town Beach and the bike path, this building offers six convenient parking spaces and opportunities for a mix of commercial and residential use.
232 Waseca Road Barrington SOLD for $720,000
Listed and sold by Sales Associate Joyce Hughes
With a well-maintained commercial building and four same-sized, separate leased businesses, this superb location in downtown Barrington boasts ample parking and proximity to many other businesses. Two of the units are elegantly finished with reception area, conference room, and private offices. Another unit is currently being used as a retail/animal grooming space. The fourth unit is a personal training gym.
65 Child Street, Warren SOLD for $400,000
Listed by Sales Associate Kathleen Flaherty
The iconic Del’s Lemonade building was once a train depot in downtown Warren. For decades, this location along the East Bay Bike Path provided many weary travelers delicious refreshment to power the rest of their journey. In addition to the building, the sale included three trucks, the franchise, and territory in Bristol’s Colt State Park.
Don’t miss out on these outstanding RPL Commercial listings:
134 136 Maple Avenue, Barrington $1.15 Million
Sales Associate Janet Maloy (401.374.3601)
This sale includes a fabulous single-family home and a perfectly situated Maple Avenue commercial property with easy parking accessible from two entry points. For 50 years, this was the location of beloved Wallis Seafood. Today, the building, with a prominent streetfront location, offers a range of options for commercial ventures, while the home provides comfortable spaces for living.
1635 Grand Army of the Republic Highway, Swanea, MA $2,750
Sales Associate Eddie Rayden (425.894.6344)
Previously a popular pizza parlor, this prime business location is now available for lease for a new tenant to run a similar or different commercial venture. Enjoy maximum visibility in this high-traffic area as well as smart upgrades including new siding, windows, and driveway paving. This well-traveled thoroughfare is close to Seekonk, Rehoboth, and the East Bay for a varied and desirable clientele. Just a 20-minute commute to downtown Providence.
*Information based in whole or in part on data supplied by State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from State-Wide MLS as of October 2023.
