5-75 Division Rd West Greenwich, RI 02817
For Sale
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Opportunity Knocks! This recently renovated building has several amazing features and one of the most amazing locations you will find for any business. Located on the corner of Division Road and New London Turnpike. (The gateway to the center of New England if you are coming from East Greenwich, Coventry or West Greenwich). The traffic count is huge and growing daily! Just steps from the new State Police Headquarters under construction, The Iconic Center of New England with over 1000 residential units , Home Depot, BJ's, and dozens more retail, restaurants, and two hotels within walking distance, the busy park and ride lot for commuters, and 200 yards from the exit from I-95 North and South. Across the street from the entrance to one of the busiest bike paths in Southern New England. (Parking lot is across the street for Big River Management Area). Previous use was an ice cream seasonal business but with all the new new development nearby, this would be an ideal coffee, sandwich shop to serve all of the brisk activities and residents nearby. Features a totally renovated one bedroom luxury apartment and a second floor three room office that might have potential for another rental or apartment. The uses are endless and the timing is perfect. (Ice cream equipment may be purchased as an extra if you want to include this in your concept)
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.
