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Retail/Office 1689 Warwick Ave 2,400 SF Vacant Retail Building Warwick, RI 02889 $389,900 ($162.46/SF) 8% Cap Rate
Executive Summary
Well maintained Bldg located on Corner Lot, with Sign Pylon on Street and Canopy signage on Bldg. New Electric. Previous use Retail Wallpaper and Paint Store, can be subdivided into 3 Units, GBA 5040'. Ideal Uses: Owner operator or Investor, Food Service, Convenience Store, Office, Accounting, Legal, Auto parts, Medical and many more. High traffic Warwick ave, near Hoxie 4 Corners!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1959
Price
$389,900
Price Per SF
$162.46
Cap Rate
8%
NOI
$31,192
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.13 AC
Zoning
GB - GB
Frontage
Amenities
- Monument Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WARW-000320-000167-000000 | Improvements Assessment | $191,600 |
| Land Assessment | $92,100 | Total Assessment | $283,700 |
Property Taxes
Parcel Number
WARW-000320-000167-000000
Land Assessment
$92,100
Improvements Assessment
$191,600
Total Assessment
$283,700
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Contact the Sale Advisor
Retail/Office | 1689 Warwick Ave