53 Providence Street, West Warwick, RI 02893

$2,650,000
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List Price
$2,650,000
Status
ACTIVE
MLS#
1422877
Year Built
1974
Levels
One
Building Name
Houle Plaza
Acres
0.76
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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.

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Additional Information

Taxes
$24,000
Lot Size
33,106
Heating
Gas
Cooling System Type
Central Air
Sewer
Connected
Water Source
Connected
Basement
None
Parking Spaces
18
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Listing courtesy of Keller Williams Coastal. Contact:

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