103 Glenham Ave - Warehouse FOR SALE


Warwick, RI 02886- Warwick/West Warwick
$1,250,000 USD
401-742-3448
103 Glenham Ave, Warwick, RI for Sale
$1,250,000 USD
Warehouse - FOR SALE
1/17
null | 6% Cap Rate

103 Glenham Ave
Warwick, RI 02886
Warwick/West Warwick


HIGHLIGHTS

  • Grow with Warwick's City Centre, close to everything !

OVERVIEW

Clean, well built, 2 unit flex space in Warwick's City Centre, Intermodal Redevelopment District. Just steps from parking garage, airport, train station, Rt. 95, restaurants, and hundred of rooms and new apartments. Special District zoning allows many uses, but no industrial. New in 2022: lighting, paint inside and out, flooring, fans, heat upgrades, electric, upgrades. Great income or owner occupied. Lease/tenant negotiable. The site to the south is planned for a 200+ room extended stay, over 200 new apartments just built at the onramp; and this recent announcement: Warwick Beacon article about former Leesona site, 297 apartments, restaurant, and parking garage on Jefferson Blvd. https://www.facebook.com/WarwickBeacon/posts/michael-integlia-is-ready-to-dig-into-the-development-that-could-be-the-keystone/1142303174573409/ City Centre/Intermodal District : allows building up to 5 stories, encourages retail, restaurants, cafe's, and walkable community https://www.citycentrewarwick.com/news-and-events Learn more about this area's developments: https://www.google.com/search q=what+new+developments+are+planned+for+Rhode+Island+%2FGreene+State+Airport+area%2C+also+known+as+Intermodal+district%2C+and+city+centre%3F&sca_esv=70ae562eabb258c3&udm=50&fbs=ADc_l-aN0CWEZBOHjofHoaMMDiKp0UJuhqwKhR0QUhF54-6jIZ4fQLFxpd-X3cjBjwn-bveY3JtHHw9t0-P88yah9ue3UfvSjKCxfhocWx9tszCeWrLv-lowAONU4C7LkqSa-ZpHcPUHYOzGY9vMPG3tz3AYybnFPdI5Oe4UwrVSWV81c3JCJdIlesl20oBxkSx1dr5vHi7bncBdNtbTp954g66xZ6DaYQ&aep=1&ntc=1&sa=X&ved=2ahUKEwiUjN2R9YOSAxUEQjABHZa8KNoQ2J8OegQIFBAE&biw=1920&bih=953&dpr=1&aic=0&mstk=AUtExfB1RpTHdrczaQdDrEBqQexkf01a-yzcLIWGJG5lWHJdGW3fVQ3P7uFhwninl_YFZSYxV2t1UFWgoyN-0G_Vnbyx3O-RRI9Bd0BXdMox_3i6yUf7CDaqtEqUYGD-eeLC44U7yK7qwNJ4xyBZWhZ3r0OpNNNDQIb-lAA&csuir=1

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Glenham Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

INTERMODEL Redevelopment

APN/PARCEL ID

WARW-000323-000299-000000

ASK ABOUT THIS PROPERTY

Jeff ButlerButler Realty GroupMore Info
401-742-3448

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Jeff ButlerButler Realty GroupMore Info
401-742-3448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.