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

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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

Price $500,000
Price Per SF $204.08
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Lodge Meeting Hall
Building Class C
Lot Size 0.14 AC
Building Size 2,450 SF
No. Stories 2
Year Built 1894
Parking Ratio 2.86/1,000 SF
Zoning A7 - Retail/residential
  • Listing ID: 35738892

  • Date on Market: 5/4/2025

  • Last Updated:

  • Address: 99-103 Tillinghast Ave, Warwick, RI 02886

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