Commercial Condo with
10-100 Bellows St Warwick, RI 02888
For Sale
$209,900
Versatile warehouse-style condo with a 400-square-foot mezzanine and a secured rear garage door opening.
Property Size1,611 SF
Price / SF$130.29
Days on Market14
Property Features for 10-100 Bellows St
General Information
Standard status
Active
Size
1,611 SF
Listing Agency:
REMAX Revolution
(401) 714-5358
Listed By:
Mary Day · License #RES.0043027
(401) 714-5358
Source:
Exprealty
Added: Jul 14
Changed: Jul 25
Last Checked: Jul 27 at 12:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Revolution
Investment Insights
Based on property information with market context.
This commercial condo offers approximately 1,600 square feet of flexible warehouse and small-business space. The layout includes about 1,200 square feet at the main level with an additional 400 square feet mezzanine area, providing extra functionality for storage or workspace. A rear portion of the unit features a small garage door that allows for a secured space within the condo.
The property is described as offering easy access for day-to-day use, supporting straightforward loading and receiving.
Configured as a warehouse-style unit with interior mezzanine space and an enclosed rear access point, the condo can accommodate a range of small-footprint commercial operations where added vertical space and contained storage are beneficial.
The property is described as offering easy access for day-to-day use, supporting straightforward loading and receiving.
Configured as a warehouse-style unit with interior mezzanine space and an enclosed rear access point, the condo can accommodate a range of small-footprint commercial operations where added vertical space and contained storage are beneficial.
Key Highlights
- About 1,600 sq ft commercial condo suited for a warehouse or small business
- Includes 1,200 sq ft main space plus a 400 sq ft mezzanine
- Rear of unit features a small garage door for a secured area within the unit
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.7k | $6.00 |
| − Vacancy | −$435 | −$0.27 |
| EGI | $9.2k | $5.73 |
| − OpEx | −$1.4k | −$0.86 |
| NOI | $7.8k | $4.87 |
1,611 SF · lease $6.00/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$112.1K
$98.1K – $130.8K
NOI $7,846 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$403.5K
$353.1K – $470.7K
NOI $28,244 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Lawton Moving & Storage — 25 Frost Ave, Warwick, RI 02888
Frequently Asked Questions
What type of property is this?
Warehouse - Versatile warehouse-style condo with a 400-square-foot mezzanine and a secured rear garage door opening.
Where is this warehouse located?
The property is located at 10-100 Bellows St Warwick, RI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: About 1,600 sq ft commercial condo suited for a warehouse or small business; Includes 1,200 sq ft main space plus a 400 sq ft mezzanine; Rear of unit features a small garage door for a secured area within the unit
