628 Metacom Ave Warren, RI 02885
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B · Warren, RIWarren. Always verify with local authorities before improvements.
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.