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99-103 Tillinghast Ave - 103 Tillinghast Ave 3,240 SF Specialty Building Offered at $500,000 in Warwick, RI 02886



INVESTMENT HIGHLIGHTS
- Very High Visibility
- High Traffic Area
- Attractive from the road.
EXECUTIVE SUMMARY
This is a prime location in Warwick, Rhode Island's very busy retail strip. Zoned for retail and residential. The zoning department would likely approve a change to commercial/office space. The building is currently used as a florist business. Thousands of cars pass daily in a location that is predominately retail and is Rhode Island's busiest retail center. The building is solid with a new roof (3 years) and electric upgraded 10 years ago. 2450 square feet which includes a small room in the steeple suitable for office space. Come see this and see how it can serve your needs. There is a full basement not included in the square footage that is suitable for storage/workspace with two means of egress. It's a charmer with loads of curb appeal.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$230,000
|
$70.99
|
| Taxes |
$5,241
|
$1.62
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,241
|
$1.62
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $230,000 |
| Annual Per SF | $70.99 |
| Taxes | |
|---|---|
| Annual | $5,241 |
| Annual Per SF | $1.62 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,241 |
| Annual Per SF | $1.62 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
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99-103 Tillinghast Ave - 103 Tillinghast Ave
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