Property summary
This exceptional 10,690 square foot retail property, located at 1155 Main Street in West Warwick, Rhode Island, presents a compelling investment opportunity. The building, constructed in 2008, is classified as Class B and boasts a highly visible location directly across from the West Warwick town hall and post office, ensuring significant foot traffic and brand exposure. Previously utilized as a pharmacy, the versatile space offers ample room for a variety of retail uses. The property's strategic placement within the B-zoned area of West Warwick, coupled with its modern construction and high traffic count, makes it an ideal location for a thriving business. The asking price for this prime retail space is $1,650,000. The property's address is 1155 Main St, West Warwick, RI 02893. Its convenient location and substantial square footage make it a rare find in the West Warwick market. This is a chance to acquire a well-situated, established building with significant potential for future growth and profitability. The property's size and location offer a strong foundation for a successful retail venture. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Bank Credit Union
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Pharmacy
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Pharmacy
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Pharmacy
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(b) Signs which advertise an activity, business, product or service no longer produced or conducted on the premises upon which the sign is located. No such sign shall remain in place or on vacated premises for more than…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B · West Warwick, RI(b) Signs which advertise an activity, business, product or service no longer produced or conducted on the premises upon which the sign is located. No such sign shall remain in place or on vacated premises for more than…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
(b) Signs which advertise an activity, business, product or service no longer produced or conducted on the premises upon which the sign is located. No such sign shall remain in place or on vacated premises for more than…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B in West Warwick, RI.
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