399 Kilvert StWarwick, RI 02886

Property Details for 399 Kilvert St

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.07 AC

Property size (Sq ft)

25,382 SF

Zone code

GI

Property type

Industrial properties

Property subtype

Other industrial properties

APN

WARW M:278 B:0002 L:0000

APU

WARWM278B0002L0000

Description

This exceptional investment opportunity presents a 25,382-square-foot industrial property situated on a sprawling 10.34-acre lot in Warwick, Rhode Island. The property, zoned GI (General Industrial), boasts three buildings, constructed in 1964 and extensively renovated in 2010, offering a blend of modern amenities and established infrastructure. The main structure features approximately 20,000 square feet of warehouse/manufacturing space, complemented by 5,000 square feet of office space. Two grade-level overhead dock high doors facilitate efficient loading and unloading. The building benefits from a generous 20-foot ceiling height. All essential utilities are readily available, including heavy electric service, natural gas, municipal water, and sewer. The property's prime location provides convenient access to T.F. Green Airport, rail lines, and major highways, maximizing logistical advantages. Currently vacant, the property offers immediate occupancy starting August 2, 2024. The asking price is $2,100,000, translating to $82.74 per square foot. This owner-user opportunity presents a compelling combination of size, location, and functionality, ideal for a variety of industrial and commercial uses. The property includes the majority of Three Ponds Brook Pond, although the usable land area is approximately 6 acres. This Class C building presents a strong value proposition for discerning investors seeking a substantial footprint in a strategic Rhode Island location.

• Alternative Use

  Use

  Valuation

  Residential

  $4,803,267

  Hospitality

  $4,399,767

  Educational

  $3,660,554

  Medical

  $3,786,446

  Retail

  $5,694,196

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Latitude

41.7306

Longitude

-71.451

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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