Commercial at 245 Warren Avenue, East Providence
Commercial at 245 Warren Avenue, East Providence, photo 2 of 5
Commercial at 245 Warren Avenue, East Providence, photo 3 of 5
Commercial at 245 Warren Avenue, East Providence, photo 4 of 5
Commercial at 245 Warren Avenue, East Providence, photo 5 of 5
5 photos

$849,500

245 Warren Avenue
East Providence, RI 02914
Listed by Jonathan Kaufman
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1938

About this home

A rare opportunity to acquire one of East Providence’s most recognizable commercial properties. The former Rose Furniture building offers over 30,000 square feet of above ground space across three expansive levels, with approximately 140 feet of high visibility frontage along Warren Avenue. Built in 1938 and home to Rose Furniture for more than 80 years, this three-story brick building offers incredible scale, open floor plates, and flexibility for a wide range of commercial, retail, showroom, warehouse, creative, or redevelopment uses. Full architectural drawings for a residential redevelopment of the property are available and included with the sale, providing a compelling vision for its adaptive reuse. Within a vibrant Warren Avenue business district and just steps from the East Providence waterfront, the property sits at the doorstep of one of the city’s most significant areas of investment and redevelopment. The surrounding waterfront district continues its transformation from former industrial land into a growing mix of residential, commercial, recreational, and public waterfront spaces, bringing new investment, residents, and activity to the area.

Property details

MLS #
1424804
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
1
Lot size
0.313 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Agnes B. Hennessey School
0.46 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
248
Student:teacher ratio
10.8:1
District
East Providence
Middle
Edward Martin Middle
0.66 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
595
Student:teacher ratio
12.9:1
District
East Providence
High
East Providence High
1.04 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,585
Student:teacher ratio
14.4:1
District
East Providence

Walkability

Blended score for East Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

95
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks10
Schools12
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in East Providence, from live MLS data.

On the market 0 days -- 53 fewer days than East Providence's current average of 53 days.
For reference, the median list price across 260 active listings in East Providence right now is $474,000.

Mortgage calculator

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Est. monthly payment
$5,266/mo
$169,900 down
$679,600 loan
Principal & interest$4,408
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 21 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.