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    Property profile & analytics
    OFF-MARKET Estimated value $690,000
    Investment properties

    800 Shr Rd, Warwick, RI 02889-2609

    3,608 SF 0.12 ac lot Built 1930
    Individually Owned 4-yr Hold
    Property ID
    US76-0027000
    Property summary
    AI-generated overview

    This exceptional commercial property at 800 West Shore Road, Warwick, RI 02889, presents a fantastic investment opportunity. Situated on a 5,345 square foot corner lot in the desirable Conimicut neighborhood, this mixed-use property offers convenient highway access and significant potential for diverse business ventures. The property includes two buildings, with one featuring a 1,800 square foot commercial storefront ideal for a restaurant, bar, or warehouse operation. Built in 1915, the buildings have undergone substantial recent upgrades, including modern heating and cooling systems, upgraded electrical panels, a new roof, new water heaters, durable industrial flooring, updated windows, and a new fire alarm system. Ample storage space is available in the full basements. The asking price for this single-unit property is $2,500. This location offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses seeking a well-maintained and updated space in a thriving Rhode Island community. The property's versatile nature and recent renovations make it a truly compelling investment opportunity. Don't miss this chance to secure a prime commercial space in a sought-after location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1930
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,608 SF
    Lot 0.12 ac (5,227 SF)
    Zoning code GB
    APN WARW M:317 B:0348 L:0000
    UPID US76-0027000
    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 Crabby Lion Production Facility Furniture & Home Goods
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $940k
    CAP Approach CAP
    $685k
    Comparable Approach Comparable
    $794k
    Blend (final) Blend
    $690k
    Owner & transaction history
    Glenn S Maloof · 4 yrs held
    Glenn S Maloof
    since 2022
    Last sale
    $570,000
    7 recorded transactions
    2022
    $570,000
    2017
    $218,750
    2014
    $235,000
    2010
    $152,000
    2010
    $250,600
    2004
    2002
    $150,000
    Zoning & alternative use
    GB · Warwick, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $790,000 +3.7%
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