875 Centerville Rd Warwick, RI 02886

Property Details for 875 Centerville Rd

Year built

1987

Property size

908 SF

Zone code

O

Property type

Office Properties & Spaces

APN

WARW M:248 B:0007 L:0002

APU

WARWM248B0007L0002

Description

This exceptional investment opportunity presents a free-standing, multi-tenant office building condominium at 875 Centerville Road in Warwick, Rhode Island. The property, part of the Centerville Commons complex, encompasses 7,503 square feet and is comprised of three units within a Class B building constructed in 1988. The building is one of four within the larger complex. Two upper-level units, totaling 4,928 square feet, are currently occupied by a single tenant under a lease expiring December 31, 2023, providing immediate rental income. The ground floor unit, a newly renovated 2,575 square feet space, is available for owner occupancy, presenting a unique blend of investment and potential for personal use. This property offers convenient access to Route 95 and the amenities along Route 2 (Bald Hill Road) in Kent County, making it an attractive location for both businesses and employees. The asking price for this exceptional Warwick office building is $975,000. This is a rare chance to acquire a well-located office building with existing income and the potential for significant future growth. The property's strategic location and the combination of rental income and owner-occupancy potential make it a compelling investment opportunity.

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Longitude

-71.4923

Latitude

41.697

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments