Property profile

2424 Shore Rd Warwick, RI 02889

OFF-MARKET
Lifestyle centers
Built 1980
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Property summary

AI-generated overview

This exceptional 900+ square foot retail space, located within the thriving Victoria Plaza at 2424 West Shore Road in Warwick, Rhode Island (zip code 02889), presents a unique investment opportunity. Situated on a high-traffic section of West Shore Road, this end unit benefits from excellent visibility and accessibility. The property is part of a larger, well-maintained shopping center built in 1980, offering ample parking for customers and employees. The single-story building sits on a substantial 14,810 square foot lot, providing generous space for both customer parking and potential future expansion. The property's previous use as a pet grooming business suggests a variety of potential uses, although prospective tenants are responsible for conducting their own due diligence to ensure compliance with zoning regulations and intended use. The property is conveniently located directly across from a veterinary clinic, ensuring high foot traffic and a potentially synergistic customer base. This is a rare opportunity to acquire a well-positioned retail or office space in a bustling Warwick commercial center. The asking price for this single-unit property is $1,400. The property includes front, side, and rear parking. This is an ideal location for a variety of businesses seeking high visibility and convenient access.

Property profile

Verified
Property type Lifestyle centers
Year built 1980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Restaurant

Location

2424 Shore Rd Warwick, RI 02889
Warwick metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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