1094 Bald Hill Rd, Warwick, RI 02886

5,100 SF | Vacant | Retail Building | Warwick, RI 02886 | $1,099,000 ($215/SF) | 9.33% Cap Rate

Asking Price $1,099,000

Property Type
Retail
Square Feet
5,100 SF
Price / Square Foot
$215

Listing Contacts

Pete Dufresne
Pete Dufresne
Justin Dower
Justin Dower
  • Property Info

Property Overview

Owner willing to consider Seller Financing. Attention business owners + investors: location, location, location! Multiple options for your business or real estate investment
located on busy & bustling Route 2 in Warwick! There are multiple opportunities here beginning with a 5,100 sq ft commercial retail property featuring 2 units on almost a half acre of land in the middle of Bald Hill Road. The main unit is currently used as a
picture framing business that can be purchased with the building. Business has healthy financials, as well as a solid & consistent customer base. Property features ADA compliant entry and bathroom, well-kept pavement, 25 parking spaces, 2 oil tanks, 2 electric meters, 5 ton HVAC, fire alarm, monitored internal and external cameras, and high ceilings. The 2000 SF tenant unit has 10x10 and 8x10 drive in access. Each unit has a private bathroom. Sewer tie in is possible here. The rear of the property abuts a piece of land which is also for sale, 1.38 acres, which has a single family home on it. It is a 3 bed, 1.5 bath, 1248 SF Colonial home at 818 Tollgate Road, which can also be included in the sale. The combined properties could allow through traffic from Bald Hill Rd. to Toll Gate Rd as both properties are near the intersection. The home features vinyl siding, a quaint front porch with composite decking, gas heat, central air, hardwoods throughout, stainless steel appliances, and a beautiful back deck. So many options – set up your private showing today!

Property Details

Class
B
Year Built/Renovated
1971/2013
Stories
1
Property Subtype
Freestanding, Showroom, Storefront Retail/Office, Office Live/Work Unit
Lot Size (sq. ft)
79,715 SF

Highlights

  • On Highly Trafficked Bald Hill Rd
  • 5100 sq ft building with plenty of parking
  • Picture Framing business can be purchased with Real Estate
  • Can be sold with abutting 1.38 acre lot with updated Single Family Home

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