53 Providence ST, West Warwick, RI 02893
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53 Providence ST, West Warwick, RI 02893
53 Providence ST, West Warwick, RI 02893
53 Providence ST, West Warwick, RI 02893
53 Providence ST, West Warwick, RI 02893
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Walt Buteau

Walt Buteau

Engel & Völkers

+1(401) 339-0090
$ 2,650,000
Est. payment /mo
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53 Providence ST West Warwick, RI 02893

13,520 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 13,520 sqft

Price per Sqft $196

MLS Listing ID 1422877

HOA Y/N No

Abv Grd Liv Area 13,520

Year Built 1974

Annual Tax Amount $24,000

Tax Year 2025

Lot Size 0.763 Acres

Acres 0.763

Property Sub-Type Commercial

Property Description

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.

Location

State RI

County Kent

Zoning B

Rooms

Basement None

Interior

Heating Gas

Cooling Central Air

Furnishings Furnished

Exterior

Community Features Business Center, Highway Access, Near Schools, Public Transportation, Restaurant, Shopping

Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected

Amenities Available Business Center, Restaurant

Total Parking Spaces 18

Building

Building Description Masonry, Public Restrooms

Story 1

Foundation Concrete Perimeter

Sewer Connected

Water Connected

Level or Stories 1

Structure Type Masonry

New Construction No

Others

Tax ID 53PROVIDENCESTWWAR

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System

Acceptable Financing Lease

Listing Terms Lease

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Walt Buteau

Walt Buteau

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+1(401) 339-0090

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53 Providence ST