16 Freeborne St Warwick, RI 02889
- Showrooms
- 1,260 SF
- 0.09 lot acres
Current Use by Public Records
- A Room to Groom / Pet Groomer
Property Details for 16 Freeborne St
- Year built
- 1986
- Construction
- FRAME
- Lot size
- 0.09 lot acres
- Property size
- 1,260 SF
- Zone code
- GB
- Property type
- Showrooms
- APN
- WARW M:349 B:0208 L:0000
- APU
- WARWM349B0208L0000
Description
This exceptional commercial property in Warwick, RI, presents a lucrative investment opportunity. Located in a thriving strip center at 16 Freeborne Street, this property boasts two versatile units totaling 0.09 acres. One unit is currently leased to a successful pet grooming business, generating immediate rental income. The second unit is available for lease or owner-occupancy, offering flexibility for a variety of uses. The property's prime location ensures high visibility and significant foot traffic, benefiting from its proximity to popular retailers including Subway, Rite Aid, Burger King, TD Bank, and Dunkin' Donuts. Ample parking is available with over 30 spaces, including 10 specifically assigned to the two units. The property is ideally suited for retail, food service, or office businesses seeking a high-traffic location with strong visibility. This is a rare opportunity to acquire a well-situated commercial property with existing income and significant growth potential. The property's strategic placement within a bustling commercial center guarantees a steady stream of potential customers and ensures a strong return on investment. Don't miss this chance to secure a prime commercial space in a highly desirable location. The asking price is $279,000.
Value Estimation
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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
- -71.4158
- Latitude
- 41.706
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
