71 Tiogue Avenue, West Warwick, RI 02893
sale
$600,000
|
Other
Courtesy Of Jpar Prime Real Estate
ESTABLISHED LAUNDROMAT & COMMERCIAL REAL ESTATE! Rare opportunity to own both an established, operating laundromat business and the commercial real estate it occupies at 71 Tiogue Avenue in West Warwick! Situated along a well-traveled commercial corridor with excellent visibility and convenient access to Coventry, Warwick, and surrounding communities, this versatile property offers an attractive combination of existing business operations and future income potential. The building features two separate storefronts. One is home to an established laundromat serving the surrounding community, benefiting from consistent customer traffic, repeat clientele, and the ongoing demand for essential laundry services. This turnkey business opportunity allows a new owner to take over an existing operation while building equity in the real estate. The second storefront, formerly a convenience store, is currently vacant and ready for its next chapter! This additional commercial space offers tremendous flexibility for an owner looking to expand operations or an investor seeking to generate rental income. Potential uses include a convenience market, coffee shop, retail storefront, professional office, salon, or other service-based business, subject to applicable approvals. The opportunity to lease the vacant storefront creates the potential for an additional revenue stream without interfering with the existing laundromat operation.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 1
- Cooling System: Central Air
- Cooling System: Wall Unit(s)
- Exterior Type: Masonry
- Exterior Type: Brick
- Floors: 1
- Heating System: Forced Air
- MLSID: 1425697
- Parking Spaces: 12
- Rooms: Basement
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