$2,600,000
$2,700,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Acres Lot
SOLD DATE : 06/04/2025
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1374142
Sold Date 06/04/25
HOA Y/N No
Year Built 1990
Annual Tax Amount $29,326
Tax Year 2024
Lot Size 2.000 Acres
Property Sub-Type Commercial
Property Description
Exceptional commercial sale opportunity in a highly sought-after Warwick, RI location! This offering includes 22 commercial units, providing tremendous flexibility for investors or business owners. Conveniently located near Post Road with easy access to Rt. 95 and Rt. 37, this property offers outstanding connectivity for clients and businesses alike. Each unit features ground-level garage doors which are 12x16, making them ideal for a variety of uses, from warehousing to light industrial or service-based businesses. Each unit boasts 1,250 square feet. Gas heating and air conditioning ensure year-round comfort and efficiency. The property's strategic location in a high-traffic area, surrounded by thriving businesses, enhances its potential for growth and profitability. Whether expanding your portfolio or establishing a centralized business hub, this rare opportunity checks all the boxes. Pro Forma rents total $400k annually. $330k NOI. 12 cap. Don't wait schedule a showing today!
Location
State RI
County Kent
Interior
Cooling Central Air
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 22
Building
Sewer Connected
Water Connected
Structure Type Steel
New Construction No
Others
Tax ID 100BELLOWSSTWARW
Financing Conventional
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Bought with Century 21 The Seyboth Team
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