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    128 Cowesett Ave West Warwick, RI 02893

    Sponsored
    For Sale
    $1,900,000

    High-traffic corner, multiple income streams.

    Property size:
    2,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity in West Warwick, RI, presents a prime 48,352 sq ft lot with a 2,340 sq ft building, constructed in 1972. The property boasts a diverse range of established businesses, all operating under one roof, ensuring immediate revenue generation. The site includes a gas station equipped with four dispensers and eight nozzles, catering to the high volume of traffic on Cowesett Avenue. A three-bay auto service station, complete with power lifts, provides ample space for auto repair and maintenance services. Adding to the property's income potential is a U-Haul rental business, a propane filling station, and a fully stocked convenience store. This turnkey operation offers a rare chance to acquire a multi-faceted commercial property with high visibility and significant growth potential. The single-story building sits on a large lot, providing ample space for expansion or future development. Located at 128 Cowesett Avenue, West Warwick, RI 02893, this property is ideally situated to capitalize on the consistent flow of commuters and local residents. The asking price is $1,900,000. This is a unique opportunity to own a thriving, multi-business complex in a desirable location.

    Property Features for 128 Cowesett Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,340 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $1,900,000 asking price.
    • 2,340 square foot building on a 48,352 square foot lot in West Warwick, RI.
    • Multi‑tenant property with existing businesses including a gas station (4 dispensers, 8 nozzles), auto repair shop (3 bays), U‑Haul rental, propane filling station, and convenience store.
    • 1972‑built, single‑story building with one unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bayco Auto Car Repair And Maintenance Service Sunoco Gas Station Convenience Store U-Haul Neighborhood Dealer Trailer Rental Service Cowesett Sun Services Gas Station

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5157454
    Latitude
    41.6850132

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic corner, multiple income streams.
    Where is this individual retail property located?
    The property is located at 128 Cowesett Ave West Warwick, RI.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: $1,900,000 asking price.; 2,340 square foot building on a 48,352 square foot lot in West Warwick, RI.; Multi-tenant property with existing businesses including a gas station (4 dispensers, 8 nozzles), auto repair shop (3 bays), U-Haul rental, propane filling station, and convenience store.
    Request Owner's contact information
    128 Cowesett Ave West Warwick, RI 02893
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    West Warwick, RI 02893
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 Cowesett Ave West Warwick, RI 02893
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