112 Ashaway Rd, Bradford, RI 02808
This Westerly, Rhode Island property at 112 Ashaway Road presents a unique investment opportunity. The 1.1-acre lot encompasses 47,906 square feet and includes a recently renovated, 8,800 square foot building constructed in 2002. The building, formerly a banquet facility, offers versatile space ideal for various commercial uses including retail, wholesale, showroom, or indoor recreation. The layout includes a 4,702 square foot ballroom, two shops totaling 2,456 square feet (Shop #1: 1,602 sq ft, Shop #2: 854 sq ft), and 1,642 square feet of second-floor office space. A former commercial kitchen in Shops 1 & 2 has been converted into warehouse or storage space. The property boasts over 50 parking spaces and is zoned GC General Commercial, allowing for a wide range of permitted uses. The property is offered vacant and "as is" for sale to an owner-user, unless and until spaces are leased. The asking price is $889,000. The property is also available for lease (see MLS for details). This is a rare opportunity to acquire a substantial commercial space with extensive parking in a desirable location.
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Amalfi Catering Group Vacation Rental
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.