About This Home
This 0-bedroom, 0-bathroom commercial at 53 Providence Street in West Warwick, RI is listed for $2,650,000 ($196 per sqft). Built in 1974, the home offers 13,520 sqft of living space on a 0.76 acres lot.
Key Features
- Built in 1974
- 0.76 acre lot
- 18 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$14,173/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
53 Providence Street
West Warwick, RI 02893
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 53 Providence Street is listed at $2,650,000 ($196/sqft). The estimated monthly payment is $14,173 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1974, 0.76 acre lot, 18 parking spaces. Interior Features: Ceiling Height (9 to 12 Ft), Ceiling Height (12 to 15 Ft).
This property is listed by Theary Alves and can be reached at 4014811248.
