Showroom Property with Overhead
For Sale
Contact for pricing
325 Market St, Warren, RI 02885
Commercial showroom configuration with RB zoning, clear-span space, and additional land available for parking expansion.
Property Size15,084 SF
Lot Size1.38 Acres
Price / SF$159
Days on Market50
Property Features for 325 Market St
General Information
Standard status
Active
Size
15,084 SF
Class
A
Total Parking Spaces
15
Lot size
1.38 Acres
Property subtype
Retail, Industrial
Zoning
RB
Additional Details
Road Access
Yes
Clear Span
Yes
Building Details
Year Built
2007
Buildings
1
Stories
1
Units
1
Building Size
15,084 SF
Listing Agency:
New England CRE
Listed By:
Brian W. Clark · License #RI REB.0015523
(401) 301-9002
Source:
Crexi
Added: Aug 31
Changed: Oct 15
Last Checked: Oct 19 at 6:34AM
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 New England CRE
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Investment Insights
Based on property information with market context.
This 2007 commercial property is configured for showroom and retail-oriented use, with approximately 1.38 acres supporting the building and future site improvements. The interior includes five overhead doors measuring 10 by 12 feet and 24-foot clear-span space. RB zoning and the established commercial layout support retail, service, showroom, and other permitted commercial uses.
The property fronts Route 136 in Warren, Rhode Island, with access to the town’s commercial corridor and surrounding East Bay communities. Excess land is available for parking expansion, providing additional flexibility within the existing site configuration.
The property fronts Route 136 in Warren, Rhode Island, with access to the town’s commercial corridor and surrounding East Bay communities. Excess land is available for parking expansion, providing additional flexibility within the existing site configuration.
Key Highlights
- Showroom and retail‑oriented commercial configuration
- Five 10x12 overhead doors
- 24‑foot clear‑span space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$201,299
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,025,980
$4.0M
Cap Rate 7%
$2,875,700
$2.9M
Cap Rate 9%
$2,236,656
$2.2M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$333.0K $22.20/SF
− Vacancy
−$23.3K −$1.55/SF
EGI
$309.7K $20.65/SF
− OpEx
−$108.4K −$7.23/SF
NOI
$201.3K $13.42/SF
Area
Bristol County, RI
Vacancy
7.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,025,980
Cap Rate 7%
$2,875,700
Cap Rate 9%
$2,236,656
Alternative Uses
Best Use
Retail
$3.19M
$2.79M – $3.72M
NOI $223,310 @ 7.0% cap · market cap 9.30%
Second Best
Flex RnD
$2.88M
$2.52M – $3.35M
NOI $201,299 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$5.02M
$4.39M – $5.85M
NOI $351,282 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02885, RI
11,147
Population
5,546
Households
2
Avg Household Size
47
Median Age
36%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
1,798
Density / Sq Mi
$89,722
Median Household Income
$53,980
Median Earnings
$1,253
Median Rent
$363,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Showroom - Commercial showroom configuration with RB zoning, clear-span space, and additional land available for parking expansion.
Where is this showroom located?
The property is located at 325 Market St Warren, RI.
What is the asking price?
The asking price for this property is $2,399,999.
What are key features of this property?
This property features: Showroom and retail‑oriented commercial configuration; Five 10x12 overhead doors; 24‑foot clear‑span space
