1094 Bald Hill Rd - Freestanding FOR SALE


Warwick, RI 02886
$1,099,000 USD
401-480-8990
1094 Bald Hill Rd, Warwick, RI for Sale
$1,099,000 USD
Freestanding - FOR SALE
1/23
null | 9.33% Cap Rate

1094 Bald Hill Rd
Warwick, RI 02886


HIGHLIGHTS

  • On Highly Trafficked Bald Hill Rd
  • 5100 sq ft building with plenty of parking
  • Picture Framing business can be purchased with Real Estate
  • Can be sold with abutting 1.38 acre lot with updated Single Family Home

OVERVIEW

Owner willing to consider Seller Financing. Attention business owners + investors: location, location, location! Multiple options for your business or real estate investment located on busy & bustling Route 2 in Warwick! There are multiple opportunities here beginning with a 5,100 sq ft commercial retail property featuring 2 units on almost a half acre of land in the middle of Bald Hill Road. The main unit is currently used as a picture framing business that can be purchased with the building. Business has healthy financials, as well as a solid & consistent customer base. Property features ADA compliant entry and bathroom, well-kept pavement, 25 parking spaces, 2 oil tanks, 2 electric meters, 5 ton HVAC, fire alarm, monitored internal and external cameras, and high ceilings. The 2000 SF tenant unit has 10x10 and 8x10 drive in access. Each unit has a private bathroom. Sewer tie in is possible here. The rear of the property abuts a piece of land which is also for sale, 1.38 acres, which has a single family home on it. It is a 3 bed, 1.5 bath, 1248 SF Colonial home at 818 Tollgate Road, which can also be included in the sale. The combined properties could allow through traffic from Bald Hill Rd. to Toll Gate Rd as both properties are near the intersection. The home features vinyl siding, a quaint front porch with composite decking, gas heat, central air, hardwoods throughout, stainless steel appliances, and a beautiful back deck. So many options – set up your private showing today!

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

9.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

American Picture Frame

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

GB

APN/PARCEL ID

WARW-000260-000063-000000

ASK ABOUT THIS PROPERTY

Pete DufresneSpectrum Real Estate Consultants / Keller WilliamsMore Info
401-480-8990

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Pete DufresneSpectrum Real Estate Consultants / Keller WilliamsMore Info
401-480-8990

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.