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 waitschedule a showing today!
MLS# | 1374142 |
---|---|
Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Pending |
Year | 1990 |
Days On Site | 136 |
Listing Provided By | Century 21 The Seyboth Team | Kyle Seyboth |
Building(s) | 1 |
---|---|
Acreage | 2.00 |
State | RI |
---|---|
County | Kent |
City | Warwick |
Zip Code | 02888 |
Area | Kent |
Listing VS Median (In 02888) | |
Price: $2,700,000 low | high Med: $399,900 On site: 136 low | high Med: 216.000000 |