53 Providence Street, West Warwick, RI 02893

$2,650,000

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List Price
$2,650,000
MLS#
1422877
Status
ACTIVE
Type
Commercial
City
West Warwick
County
Kent
Year Built
1974

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.

Additional Information

Cooling
Central Air
Sewer
Connected
Taxes
$24,000
Community Features
Business Center, Highway Access, Near Schools, Public Transportation, Restaurant, Shopping

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Coastal. Contact:

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