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Property profile & analytics
FOR SALE
Super regional malls

628 Metacom Ave Warren, RI 02885

6,478 SF 0.83 ac lot Built 1985
Entity Owned Free & Clear
Property ID
US76-0106522
Property summary
AI-generated overview

This exceptional commercial property, located at 628 Metacom Avenue in Warren, Rhode Island, presents a compelling investment opportunity. Situated on the highly visible northbound side of Route 136, this 1.2-acre property boasts nearly 12,000 square feet of versatile commercial space, currently divided into 14 numbered units. Thirteen of these units are occupied by eight established retail businesses, generating consistent income. The property includes a full basement offering an additional 2,800 square feet of rentable space, further enhancing its income potential. Ample parking is provided with 60 spaces, ensuring convenience for tenants and customers. Each unit is equipped with its own gas and electric HVAC system, offering independent climate control. Adding to the income stream, there is also additional office space located on the second floor. This prime location on Route 136 guarantees high visibility and significant foot traffic, making it ideal for an anchor tenant seeking maximum exposure. The property's strong occupancy rate, diverse tenant mix, and substantial square footage combine to create a robust and attractive investment opportunity with significant potential for future growth. This is a rare chance to acquire a well-established, income-producing commercial property in a desirable location.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,478 SF
Lot 0.83 ac (35,937 SF)
Zoning code B
APN WARR M:13D L:193
UPID US76-0106522
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tap Printing Inc. (Bike/Boat/Book/etc) Store Printing Service
  • New England Computers Electronics & Wireless Store
  • Advance America Loan Service
  • Ink Munkee Apparel (Bike/Boat/Book/etc) Store Printing Service
  • Sam's Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.04M
Owner & transaction history
MAYO CORP
MAYO CORP
Zoning & alternative use
B · Warren, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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