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Property profile & analytics
FOR SALE
Coffee shops

75 Division Rd West Greenwich, RI 02817

3,108 SF Built 1930
Entity Owned 8-yr Hold
Property ID
US76-0298513
Property summary
AI-generated overview

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)

Property profile
Verified
Property type Coffee shops
Year built 1930
Total area 3,108 SF
UPID US76-0298513
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
  • The Frosty Owl Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tyler Point Investment · 8 yrs held
Tyler Point Investment
since 2017
2 recorded transactions
2017
$315,000
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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