Remax Revolution
Listed by Elite Commercial Realty, Remax Revolution
$875,000
642 East Avenue - 2,955 SF, 3-unit Owner financing available
Details
Property Type Retail, Mixed Use
Sub Type Storefront, Other
Square Footage 2,955
Net Rentable (SqFt) 2,955
Units 3
NOI $38,807
Occupancy 100%
Pro-Forma NOI $54,982
Price per SqFt $296
Class C
Year Built 1875
Buildings 1
Acreage 7405.000
Zoning A7
Parking Spaces 12 spaces
Parking Per SqFt 4.06
Ground Lease No
2,955 SF, 3-unit commercial property - Owner financing available
Marketing description
Commercial Property for Sale | 642 East Ave, Warwick, RI 02886 - Owner financing available!
This 2,955 SF, 3-story building situated on a 7,405.2 SF (.17-acre) lot in Warwick offers a flexible opportunity for a variety of uses under A7 zoning. The property includes 12 parking spaces and benefits from strong accessibility along East Ave.
Features:
• 2,955 SF building
• 3 stories
• 7,405.2 SF lot
• 12 parking spaces
• A7 zoning
Highlights:
• Suitable for owner-user or investment
• Potential for repositioning or redevelopment
• Established location with steady traffic
Owner financing available!
Investment highlights
Highlights:
• Suitable for owner-user or investment
• Potential for repositioning or redevelopment
• Established location with steady traffic
Owner financing available
Listing Contacts
Remax Revolution
Listed by Elite Commercial Realty, Remax Revolution
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,807.00
$3,233.92/mo
Valuation Metrics
0
DSCR
4.44%
Cap Rate
4.44%
ROI
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