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Improved Flex Space with Fenced Yard
For Sale
$2,800,000

1100 Warren Avenue, East Providence, RI 02914

Versatile sales and service facility with updated showroom, offices, and a secured outdoor yard.

Property Size14,310 SF
Lot Size2.98 Acres
Price / SF$195.67
Days on Market52

Property Features for 1100 Warren Avenue

General Information

Standard status Active
Size 14,310 SF
Lot size 2.98 Acres
Property subtype Sales/Service

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 14 ft
Dock-High Doors 1

Building Details

Building Size 14,310 SF
Year Built 1963
Buildings 1
Listing Agency: MG Commercial
Listed By: George Paskalis, SIOR · License #MA #9029067
Source: Mgcommercial
Added: Aug 15 Changed: Oct 4 Last Checked: Oct 4 at 8:29AM

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 MG Commercial

Investment Insights

Based on property information with market context.

This flex property includes a 14,310-square-foot sales and service building on a 2.98-acre site with a fenced exterior yard. The facility provides nine grade-level doors, one loading dock, and 14-foot clear height for a range of commercial and industrial functions. Newly constructed mezzanine offices complement the brand-new showroom and office area, while significant improvements have been completed throughout the building.

The property comprises two parcels in East Providence identified as Map 607, Block 14, Lots 3 and 6, plus one parcel in Seekonk, Massachusetts identified as Map 9, Lot 268. Located at 1100 Warren Avenue in East Providence, the site offers access to I-195.

Key Highlights

  • 14,310 SF sales and service building
  • 2.98‑acre site with fenced exterior yard
  • Nine grade‑level doors and one loading dock

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,679
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,580 $1.8M
Cap Rate 7%
$1,295,414 $1.3M
Cap Rate 9%
$1,007,544 $1.0M
Market Conditions
NOI Build-Up for 14,310 SF
Gross rent
$107.3K $7.50/SF
− Vacancy
−$644 −$0.05/SF
EGI
$106.7K $7.46/SF
− OpEx
−$16.0K −$1.12/SF
NOI
$90.7K $6.34/SF
Area
Providence County, RI
Vacancy
0.60%
Lease Rate
$7.50 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,580
Cap Rate 7%
$1,295,414
Cap Rate 9%
$1,007,544

Alternative Uses

Best Use
Warehouse
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,679 @ 7.0% cap · market cap 3.24%
Second Best
Flex RnD
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,474 @ 7.0% cap · market cap 3.16%
Theoretical Best
Multifamily LT 5
$3.40M
$2.98M – $3.97M (±1% cap)
NOI $238,268 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Ahearn Parts Building Supply

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
1
Dock-high doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02914, RI

22,140
Population
10,082
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
4,518
Density / Sq Mi
$60,838
Median Household Income
$43,696
Median Earnings
$1,165
Median Rent
$309,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile sales and service facility with updated showroom, offices, and a secured outdoor yard.
Where is this flex space located?
The property is located at 1100 Warren Avenue East Providence, RI.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 14,310 SF sales and service building; 2.98‑acre site with fenced exterior yard; Nine grade‑level doors and one loading dock
More about this property
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