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923 - 925 Main Street West Warwick 2 Retail Properties Offered at $895,900 in West Warwick, RI
Investment Highlights
- HIGH TRAFFIC & LOCAL FAVORITE
Executive Summary
GREAT OPPORTUNITY TO OWN TWO INVESTMENT PROPERTIES & A PROFITABLE "LOCAL FAVORITE" RESTAURANT/ICE CREAM BUSINESS! 1ST BUILDING: BRAND NEW ROOF & SIDING!! THE BUILDING IS SET/UP AS A SEASONAL & PROFITABLE ICE CREAM PARLOR & RESTAURANT . 1 LEVEL , WALK- UP WINDOW,COMMERCIAL KITCHEN, NEWLY UPDATED DINING ROOM & PLEANTY OF PARKING. 2ND BUILDING 2328sqft 1 LEVEL ALL BRICK BUILDING PLENTY OF PARKING FULL BASEMENT WITH POTENTIAL EXPANSION OR STORAGE. CURRENTLY USED AS A BAY STATE PHYSICAL THEROPY MEDICAL OFFICE SPACE. (VERY STRONG LONG TERM LEASE IN PLACE) HIGH TRAFFIC. CLOSE TO ALL AMENITIES.
Property Facts
| Price | $895,900 | Status | Active |
| Price / SF | $201.24 / SF | Number of Properties | 2 |
| Sale Condition | Lease Option | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 4,452 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.05 AC |
| Price | $895,900 |
| Price / SF | $201.24 / SF |
| Sale Condition | Lease Option |
| Cap Rate | 8% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,452 SF |
| Total Land Area | 1.05 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 923 Main St, West Warwick, RI 02893 | Retail | 2,328 SF | 1965 | - |
| 925 Main St, West Warwick, RI 02893 | Retail | 2,124 SF | 1978 | - |
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923 - 925 Main Street West Warwick