628 Metacom Ave Warren, RI 02885
- Super regional malls
- 6,478 SF
- 0.83 lot acres
Current Use by Public Records
- Tap Printing Inc. / Print Shop / Shipping And Mailing Service
- New England Computers / Computer Store
- Advance America / Loan Agency / Financial Institution
- Ink Munkee Apparel / Screen Printer
- Sam's Cleaners / Dry Cleaner
Property Details for 628 Metacom Ave
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.83 lot acres
- Property size
- 6,478 SF
- Zone code
- B
- Property type
- Super regional malls
- APN
- WARR M:13D L:193
- APU
- WARRM13DL193
Description
This exceptional commercial property, located at 628 Metacom Avenue in Warren, Rhode Island, presents a compelling investment opportunity. Situated on the highly visible northbound side of Route 136, this 1.2-acre property boasts nearly 12,000 square feet of versatile commercial space, currently divided into 14 numbered units. Thirteen of these units are occupied by eight established retail businesses, generating consistent income. The property includes a full basement offering an additional 2,800 square feet of rentable space, further enhancing its income potential. Ample parking is provided with 60 spaces, ensuring convenience for tenants and customers. Each unit is equipped with its own gas and electric HVAC system, offering independent climate control. Adding to the income stream, there is also additional office space located on the second floor. This prime location on Route 136 guarantees high visibility and significant foot traffic, making it ideal for an anchor tenant seeking maximum exposure. The property's strong occupancy rate, diverse tenant mix, and substantial square footage combine to create a robust and attractive investment opportunity with significant potential for future growth. This is a rare chance to acquire a well-established, income-producing commercial property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Bristol
- State
- Rhode Island
- Longitude
- -71.2677
- Latitude
- 41.7179
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA