53 Providence Street, West Warwick, RI 02893
sale
$2,650,000
|
Other
Courtesy Of Keller Williams Realty of Newport / East Bay / North Kingstown
PRIME INCOME-PRODUCING COMMERCIAL ASSET - An exceptional opportunity to acquire a fully occupied 8-unit commercial property generating over $200,000 in annual gross revenue. Offered at $2.65 million, this stabilized asset provides immediate income from day one with an established tenant base and compelling long-term investment potential. Strategically positioned near the Route 2 commercial corridor in Warwick and convenient to Downtown West Warwick, the property benefits from strong traffic exposure, excellent accessibility, and proximity to major roadways, businesses, shopping, and surrounding amenities. Ample on-site parking further strengthens tenant and customer convenience. With 100% occupancy, substantial existing revenue, and a highly accessible commercial location, this property presents investors with an opportunity to acquire a performing asset with strong cash-flow characteristics and future appreciation potential.
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Property Features
- Age: Over 50 Years Old
- Building Units: 9
- Cooling System: Central Air
- Exterior Type: Masonry
- Floors: 1
- Heating System: Natural Gas
- MLSID: 1422877
- Parking Spaces: 18
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