628 Metacom AveWarren, RI 02885

This exceptional Warren, Rhode Island commercial property, located on the highly traveled Route 136 northbound side of Metacom Avenue, presents a compelling investment opportunity. The property encompasses a substantial 52,097.76 square foot lot and features two buildings, each two stories high, constructed in 1985. The main structure offers nearly 12,000 square feet of versatile space currently housing 13 of 14 numbered units occupied by eight thriving retail businesses. Ample parking is provided with 60 spaces for tenants and customers. Each unit is equipped with individual gas and electric HVAC systems. A full basement provides an additional 2,800 square feet of income-generating rental space. Further income potential exists via additional office space on the second floor. The property boasts a 5.25% cap rate and is listed at $2,400,000. Its prime location ensures high visibility and strong tenant occupancy, making it ideal for an anchor tenant seeking maximum exposure or an investor looking for a stable, high-return asset. This unique opportunity combines established retail income with significant expansion potential. The property's size, location, and existing tenant base offer a compelling investment proposition.