2406 Post Rd Warwick, RI 02886-2208
This well-maintained free-standing commercial building, situated on a 0.36-acre corner lot in Warwick, Rhode Island, presents a unique investment opportunity. Located near the Providence (PVD) airport in a high-traffic area, this property boasts excellent visibility and accessibility. The building previously housed a successful auto spa for over two decades, demonstrating its suitability for automotive-related businesses. The structure features two drive-through service bays, complete with a vehicle lift and service pit, enhancing operational efficiency. Additional interior space includes a utility area, ample storage, a comfortable waiting room, a functional office, and a restroom. All existing auto service equipment is included in the sale, providing a turnkey solution for a prospective buyer in the automotive industry. However, the property's versatile layout and prime location also lend themselves to a variety of other commercial uses. Ample parking is available, and the drive-through bays offer significant potential for various business models. The asking price for this exceptional property is $595,000. This is a rare opportunity to acquire a well-established commercial building in a highly desirable location with significant potential for growth and profitability.
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Auto Spa Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Warwick, RIWarwick. Always verify with local authorities before improvements.
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.