319 Bald Hl Rd Warwick, RI 02886-1125

Property Details for 319 Bald Hl Rd

Year built

1955

Construction

FRAME

Lot size

0.74 lot acres

Property size

5,966 SF

Zone code

GB

Property type

Showrooms

APN

WARW M:273 B:0481 L:0000

APU

WARWM273B0481L0000

Description

This exceptional multi-tenant retail property, located at 319 Bald Hill Road in Warwick, Rhode Island, presents a lucrative investment opportunity. The 7,156 square foot building, situated on a substantial 33,000 square foot lot, boasts four units currently occupied by a diverse mix of tenants. Built in 1955 and partially renovated in 2010, the two-story structure features individual HVAC systems, bathrooms, and electrical services for each unit, ensuring operational efficiency and tenant satisfaction. The property is zoned for business use and enjoys a highly visible location on busy Route 2, experiencing over 50,000 cars daily, guaranteeing significant exposure for tenants. The asking price is $857,000, translating to $119.76 per square foot. A key advantage is the inclusion of a billboard land lease, generating consistent supplemental income that will convey with the sale. This property's prime location, coupled with its existing revenue stream and multi-tenant structure, makes it an ideal investment for owner-users seeking a strong return on investment in a high-traffic area. The property's APN is 273. This is a rare opportunity to acquire a well-established retail center in a thriving Rhode Island market.

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Longitude

-71.481

Latitude

41.7283

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments