Property summary
This unique 7,405 square foot commercial property in Warwick, Rhode Island, presents a compelling investment opportunity. Located at 33 Alfred Street, 02889, this mixed-use building seamlessly blends office and warehouse functionality. Built in 1965, the single building comprises a substantial warehouse/workshop area, complemented by a multi-room office space ideal for administrative functions. The warehouse features a valuable mezzanine level, providing additional storage capacity. Accessibility is enhanced by a convenient handicap-accessible design. Ample parking is available on-site, catering to both employees and clients. The property's strategic location offers easy access to major highways, ensuring efficient transportation and logistics. The property is offered at $599,900 and is described as "turn-key," suggesting immediate occupancy and operational readiness. This versatile property is suitable for a variety of commercial uses, making it an attractive option for businesses seeking a blend of office and warehouse space in a convenient location. The property is situated in Kent County, Rhode Island.
Property profile
VerifiedCap rate & NOI
Current use
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General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
A-10, A-7, O, WB, GB, LI, GI. 200.108. Nightclub. A retail establishment that stays open late at night and provides food, beverages and entertainment, but shall not include adult entertainment. 200.109. Nonconformance. A…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
GB · Warwick, RIA-10, A-7, O, WB, GB, LI, GI. 200.108. Nightclub. A retail establishment that stays open late at night and provides food, beverages and entertainment, but shall not include adult entertainment. 200.109. Nonconformance. A…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
A-10, A-7, O, WB, GB, LI, GI. 200.108. Nightclub. A retail establishment that stays open late at night and provides food, beverages and entertainment, but shall not include adult entertainment. 200.109. Nonconformance. A…
What can be built and operated here — officially.
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