Current Use by Public Records
- Office Spaces
Property Details for 215 Toll Gate Unit 302 Rd
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional single-tenant office space, located at 215 Toll Gate Road, Unit 302 in Warwick, offers 650 square feet of versatile space ideal for a variety of professional uses, including traditional office, executive office, medical office, or specialty services. Situated on the top floor, this unit boasts convenient handicap access. The building features a substantial 100-space parking lot, minimizing parking concerns for staff and clients. Low condo fees contribute to the overall affordability and attractive return on investment. The property's strategic location offers unparalleled convenience. It's less than a mile from a local hospital and a short 2.7-mile drive to the courthouse. The surrounding area is rich with amenities, including easy access to major highways, daycares, various stores, and a diverse selection of restaurants. This prime location makes it an attractive option for professionals seeking a well-situated office space. The high demand for commercial rental space in this area, with rental rates ranging from $16 to $23 per square foot, underscores the significant investment potential of this property. This presents a compelling opportunity for investors seeking a strong return on their investment in a thriving commercial market. The building itself is a single-building property with one suite.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4726
- Latitude
- 41.7019
