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Bldg A 100 Bellows St

28,800 SF 100% Leased Industrial Building Warwick, RI 02888 £2,112,615 (£73/SF) 12% Net Initial Yield

Executive Summary

Exceptional commercial sale opportunity in a highly sought-after Warwick, RI location! This offering includes 22 commercial units,
providing tremendous flexibility for investors or business owners. Conveniently located near Post Road with easy access to Rt. 95
and Rt. 37, this property offers outstanding connectivity for clients and businesses alike. Each unit features ground-level garage
doors which are 12x16, making them ideal for a variety of uses, from warehousing to light industrial or service-based businesses.
Each unit boasts 1,250 square feet. Gas heating and air conditioning ensure year-round comfort and efficiency. The property’s
strategic location in a high-traffic area, surrounded by thriving businesses, enhances its potential for growth and profitability.
Whether expanding your portfolio or establishing a centralized business hub, this rare opportunity checks all the boxes. Pro Forma
rents total $400k annually. $330k NOI. 12 cap. Don’t wait—schedule a showing today!

Property Facts

Price £2,112,615
Price Per SF £73
Sale Type Investment or Owner User
Net Initial Yield 12%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.90 AC
Rentable Building Area 28,800 SF
Number of Floors 1
Year Built 1990
Parking Ratio 0.76/1,000 SF
Clear Ceiling Height 16 ft
Level Access Doors 16

Amenities

  • 24 Hour Access
  • Mezzanine
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WARW-000291-000066-000007
Land Assessment
£0
Improvements Assessment
£66,743
Total Assessment
£66,743

zoning

Zoning Code LI
LI
  • Listing ID: 34110918

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 100 Bellows St, Warwick, RI 02888

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