Commercial Building with Extra
For Sale
Contact for pricing
2362 - 2372 West Shore RD West Shore Road, Warwick, RI 02889
Six-unit commercial building with extra lot in high-visibility location.
Property SizeContact for details
Days on Market912
Property Features for 2362 - 2372 West Shore RD West Shore Road
General Information
Standard status
Active
Total Parking Spaces
50
Property subtype
Land, Retail, Special Purpose, Industrial
Building Details
Year Built
1968
Buildings
1
Stories
1
Units
1
Listing Agency:
Real Broker, Llc
(855) 450-0442
Listed By:
Matt Patty Team
Source:
Crexi
Added: Feb 22, 2024
Changed: Aug 14
Last Checked: Aug 20 at 2:18PM
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 Real Broker, Llc
Investment Insights
Based on property information with market context.
This six-unit commercial building includes an extra lot, offering expansion possibilities and ample parking. Situated in a high-visibility location on West Shore Road, the property is easily accessible from both traffic lanes. The additional lot provides the opportunity to further expand the parking area. Located directly across from Warwick Vets Middle School, the property benefits from its connection to a thriving residential neighborhood, making it suitable for a retail investor. Currently, five of the six units are occupied, providing immediate rental income. Each unit has separate electrical and heating systems. The location is near gas stations, florists, bakeries, and other established businesses, which will contribute to traffic flow. This property is intended for commercial use.
Key Highlights
- High visibility location on West Shore Road with easy access and ample parking.
- Currently 5 of 6 units are occupied with longstanding tenants, providing immediate rental income.
- Separate electrical and heating for each unit, ideal for triple net leases.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 28%
Dunkin' Donuts
Dining
6,916 visits/mo
0.4 miles
Sunoco
Shops & Services
2,753 visits/mo
0.4 miles
Demographics for 02889, RI
28,277
Population
11,947
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
8.5 sq mi
ZIP Area
3,327
Density / Sq Mi
$85,617
Median Household Income
$50,988
Median Earnings
$1,216
Median Rent
$299,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Six-unit commercial building with extra lot in high-visibility location.
Where is this shopping center located?
The property is located at 2362 - 2372 West Shore RD West Shore Road Warwick, RI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High visibility location on West Shore Road with easy access and ample parking.; Currently 5 of 6 units are occupied with longstanding tenants, providing immediate rental income.; Separate electrical and heating for each unit, ideal for triple net leases.
