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Retail Property on Metacom Avenue
For Sale
$1,750,000

628 Metacom Avenue Warren, Warren, RI 02885

Commercial property with 14 units, high traffic, and income potential.

Property Size12,014 SF
Price / SF$145.66
Days on Market145

Property Features for 628 Metacom Avenue Warren

General Information

Standard status Active
Size 12,014 SF
Total Parking Spaces 65
Property subtype CommercialSale
Zoning B

Taxes and HOA fees

Annual Taxes $15,041

Building Details

Building Size 12,014 SF
Year Built 1985
Buildings 3
Stories 2
Listed By: Brian DaSilva
Source: Milestonerealtyinc
Added: May 16 Changed: Oct 7 Last Checked: Oct 7 at 9:04AM

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 Brian DaSilva

Investment Insights

Based on property information with market context.

This commercial property is located on the northbound side of Metacom Avenue, also known as Route 136. The property includes approximately 12,000 square feet of space, configured into 14 numbered units. Currently, 13 units are occupied by 8 retail businesses. Each unit has gas and electric HVAC systems. There is a full basement with an additional 2,800 square feet of rental space. The property has 60 parking spots. Additional office space is located on the second floor. The property is suitable for an anchor tenant seeking visibility in a high-traffic area and offers income-generating opportunities.

Key Highlights

  • High‑traffic location on Rte 136 northbound side ensures excellent visibility.
  • Nearly 12,000 sq ft of versatile space with 14 units, 13 of which are currently occupied.
  • 60 parking spots provide ample parking for tenants and customers.

Property Analytics

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Current Use

Tap Printing Inc. (Bike/Boat/Book/etc) Store New England Computers Electronics & Wireless Store Advance America Loan Service Ink Munkee Apparel (Bike/Boat/Book/etc) Store Sam's Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 36% Beauty & Spa 1% Electronics 1%
McDonald's Dining
21,600 visits/mo 0.1 miles
Ocean State Job Lot Shops & Services
14,451 visits/mo 0.2 miles
Dunkin' Donuts Dining
10,033 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,276 visits/mo 0.0 miles
Burger King Dining
7,219 visits/mo 0.1 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Ocean State Plaza Shopping Center — Metacom Ave, Warren, RI 02885

Frequently Asked Questions

What type of property is this?
Shopping center - Commercial property with 14 units, high traffic, and income potential.
Where is this shopping center located?
The property is located at 628 Metacom Avenue Warren Warren, RI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High‑traffic location on Rte 136 northbound side ensures excellent visibility.; Nearly 12,000 sq ft of versatile space with 14 units, 13 of which are currently occupied.; 60 parking spots provide ample parking for tenants and customers.
More about this property
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