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Property summary
Commercial building on Main Street in a developing area, totaling 4,570 square feet, with design features that allow division into two separate units. The front unit is accessed from Main Street, and the rear unit is accessed from Archambeault Ave and includes a designated parking lot. The building has two separate bathrooms and is heated by two oil heating units, one located at each end of the structure. Building systems and improvements include a roof replacement, four mini-split HVAC systems with air conditioning and heat pumps, a new storefront, rehabilitation of the rear portion of the building, modern LED lighting, electrical upgrades, and a newly paved asphalt rear driveway. The configuration supports use by one or two retail businesses, subject to applicable zoning and code requirements.
Property profile
VerifiedCap rate & NOI
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
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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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