2362 West Shore Road, Warwick, Commercial

$ 950,000
2362 West Shore Road,
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Overview

  • Updated On:
  • November 17, 2024

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!

Address: 2362 West Shore Road
City:
State/County:
Zip: 02889
Country: US
Open In Google Maps
Property Id : 371923
Price: $ 950,000
Basement: Full
Bridge Modification Timestamp: 2024-11-17T20:47:03.250Z
Building Area Total: 0
Business Type: Arts and Entertainment,Barber/Beauty,Beauty Service,Clothing,Flex Space,Jewelry,Locksmith
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Interstate,Private School,Public School,Recreational Facilities,Schools,Shopping
Construction Materials: Brick
Contract Status Change Date: 2022-07-26
Cooling: Central Air
Electric: 100 Amp Service
Gas: Connected
Gross Income: 28337
Heating: Forced Air
Insurance Expense: 4864
Leasable Area: 0
List Agent Email: mattpattyteam@gmail.com
List Agent Full Name: Matt Patty Team
Listing Contract Date: 2022-07-26
Listing Id: 1316143
Living Area Units: Square Feet
Lot Features: Paved,Shopping Mall,Strip Store,Suburban
Lot Size Area: 28749
Lot Size Square Feet: 28749
Lot Size Units: Square Feet
Maintenance Expense: 2310
Mls Status: Active
Modification Timestamp: 2024-11-17T20:42:01.213Z
Number Of Buildings: 1
Number of Units in Community: 6
Number of Units Leased: 5
Number of Units Total: 1
Occupant Type: Tenant
Original Entry Timestamp: 2022-07-26T17:54:55.367Z
Original List Price: 950000
Other Expense: 0
Owner Pays: Exterior Maintenance,Repairs,Sewer,Snow Removal,Trash Services,Water
Ownership Type: Sole Proprietor
Parking Total: 50
Possible Use: Retail
Road Surface Type: Concrete
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-01-08T19:18:51.137Z
Stories: 1
Stories Total: 1
Street Additional Info: 2372
Street Name: West Shore
Street Number: 2362
Street Suffix: Road
Structure Type: Livable,Subdivided
Tax Annual Amount: 15153
Tax Year: 2022
Utilities: Natural Gas Connected
Water Source: Connected
Year Built: 1968
Other Features
Ceiling Height: 7-9 Ft
Has Cooling System
Has Heating System
$ 3,683.34
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,683.34

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Alyse Antone Smyth, Esq.