262 Washington St Warwick, RI 02888

This exceptional commercial property at 262 Washington Street in Warwick, Rhode Island, presents a unique investment opportunity. The entire building, encompassing 4,792 square feet of land, is offered for sale at $775,000. The property features three individual commercial tradesmen units, each boasting impressive 10' wide x 12' high overhead doors, along with man doors for convenient access. Each unit also includes a half bath and a second-floor mezzanine/loft area, providing ample storage and workspace. The building is equipped with Modine heaters for efficient climate control and benefits from almost 17' high ceilings, offering significant vertical space. Electrical service is robust, with 100 amp service and 3-phase power available. The current rental income stream is substantial, with Unit #1 generating $2,200 per month, and Units #2 and #3 each bringing in $1,500 per month. This provides a strong potential for positive cash flow and return on investment. Further enhancing the property's appeal, additional man doors and a garage door are planned for installation soon. The seller is open to build-to-suit options, offering flexibility for potential buyers to customize the space to meet their specific needs. Located in Kent County, Rhode Island, with a zip code of 02888, this property offers a compelling combination of income generation and development potential. This is a rare opportunity to acquire a well-maintained, income-producing commercial building in a desirable location.