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2362 West Shore Road

Warwick, RI 02889
  • $950,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 1316143
UPDATED: 115 min ago
$950,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1968
County:
Area:

School Ratings & Info

Description

6 unit commercial building with extra lot conveying, add onto this building and site with plenty of parking and grow your empire here! High visibility location on West Shore Road, easily accessible from either traffic lane, this plaza comes with plenty of parking and room to expand your parking lot even further with the additional lot conveying with sale. Located directly across from Warwick Vets middle school, great neighborhood spot connected to a thriving residential neighborhood, absolutely perfect location for a retail investor. Longstanding tenants stabilize your acquisition, close, turn the key and start collecting rent with 5 of the 6 current units occupied. Separate electrical and heating for each unit, set up your triple net leases and don't sweat the small stuff while your tenants pay off your building. Or build your local business here in this location nearby not just the school and residential shoppers but also gas stations, "The big Dave's", florists, bakeries and other established businesses that will bring traffic by your sign! This is a one of the best commercial investments in town, lets earn a buck, serving and building the community together!

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-10-02T23:37:44.547.
www.onshorerealtors.com/homes/131282252
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2362 West Shore Road Warwick, RI 02889

  • Price: $950,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 115 min ago
  • MLS #: 1316143
0
Beds
0
Baths
0
½ Baths
0.66
Acres
1968
Built
County:
Kent
Area:
Warwick
Property Description
6 unit commercial building with extra lot conveying, add onto this building and site with plenty of parking and grow your empire here! High visibility location on West Shore Road, easily accessible from either traffic lane, this plaza comes with plenty of parking and room to expand your parking lot even further with the additional lot conveying with sale. Located directly across from Warwick Vets middle school, great neighborhood spot connected to a thriving residential neighborhood, absolutely perfect location for a retail investor. Longstanding tenants stabilize your acquisition, close, turn the key and start collecting rent with 5 of the 6 current units occupied. Separate electrical and heating for each unit, set up your triple net leases and don't sweat the small stuff while your tenants pay off your building. Or build your local business here in this location nearby not just the school and residential shoppers but also gas stations, "The big Dave's", florists, bakeries and other established businesses that will bring traffic by your sign! This is a one of the best commercial investments in town, lets earn a buck, serving and building the community together!
Exterior Features

Construction Materials Brick Levels One Parking Total 50

Interior Features

Basement Full Basement YN Yes Cooling Central Air Heating Forced Air

Property Features

Business Type Arts And EntertainmentBarber/BeautyClothingMixed Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationRecreation AreaShopping Development Status Subdivided Electric 100 Amp Service Gross Income 28337 Land Lease YN No Lease Considered YN No Owner Pays Exterior MaintenanceRepairsSnow RemovalSewerTrash CollectionWater Property Sub Type Commercial Road Surface Type ConcretePaved Sewer Connected Tax Annual Amount 15153 Tax Assessed Value 539300 Tax Lot 301313 Tax Year 2022 Tenant Pays ElectricityHeatHot Water Utilities Natural Gas ConnectedSewer Connected Water Source Connected

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Century 21 Shoreline: 401-269-6169.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-10-02T23:37:44.547.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891