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51 Aster St 12,000 SF 100% Leased Industrial Building West Warwick, RI 02893 $1,000,000 ($83.33/SF) 8.07% Cap Rate
Executive Summary
BUILDING SIZE: 12,000± SF Building with 0.64 Acres of Land
VACANT SPACE: There is currently no vacancy at this property
TENANT MIX: There are three tenants currently leasing space. Tenant 1 takes up half the building and tenants 2 & 3 split the remaining half.
LOADING: There are four (4) overhead doors
ZONING: This property is zoned CI for commercial Industrial Use
TAXES: The estimated 2026 taxes are $19,654/year
LOCATION: Just off Providence Street with quick access to I-295, I-95 and Bald Hill Road.
PROPERTY MANAGEMENT: The current ownership manages the property.
NET OPERATING INCOME: The 2026 estimated NOI is $80,664/year
UTILITIES: Ownership pays for heat & common electric. Tenant electricity is separately metered and paid directly.
VACANT SPACE: There is currently no vacancy at this property
TENANT MIX: There are three tenants currently leasing space. Tenant 1 takes up half the building and tenants 2 & 3 split the remaining half.
LOADING: There are four (4) overhead doors
ZONING: This property is zoned CI for commercial Industrial Use
TAXES: The estimated 2026 taxes are $19,654/year
LOCATION: Just off Providence Street with quick access to I-295, I-95 and Bald Hill Road.
PROPERTY MANAGEMENT: The current ownership manages the property.
NET OPERATING INCOME: The 2026 estimated NOI is $80,664/year
UTILITIES: Ownership pays for heat & common electric. Tenant electricity is separately metered and paid directly.
Property Facts
Amenities
- Signage
Utilities
- Lighting
- Gas
- Water
- Heating - Oil (Fired)
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WWAR-000040-000180-000000 | Improvements Assessment | $691,100 |
| Land Assessment | $58,000 | Total Assessment | $749,100 |
Property Taxes
Parcel Number
WWAR-000040-000180-000000
Land Assessment
$58,000
Improvements Assessment
$691,100
Total Assessment
$749,100
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51 Aster St