51 Aster St - Manufacturing FOR SALE


West Warwick, RI 02893
$1,000,000 USD
401-331-9300
51 Aster St, West Warwick, RI for Sale
$1,000,000 USD
Manufacturing - FOR SALE
1/15
null | 8.07% Cap Rate

51 Aster St
West Warwick, RI 02893


OVERVIEW

BUILDING SIZE: 12,000± SF Building with 0.64 Acres of Land VACANT SPACE: There is currently no vacancy at this property TENANT MIX: There are three tenants currently leasing space. Tenant 1 takes up half the building and tenants 2 & 3 split the remaining half. LOADING: There are four (4) overhead doors ZONING: This property is zoned CI for commercial Industrial Use TAXES: The estimated 2026 taxes are $19,654/year LOCATION: Just off Providence Street with quick access to I-295, I-95 and Bald Hill Road. PROPERTY MANAGEMENT: The current ownership manages the property. NET OPERATING INCOME: The 2026 estimated NOI is $80,664/year UTILITIES: Ownership pays for heat & common electric. Tenant electricity is separately metered and paid directly.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

8.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Auto Repair, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

Lighting, Gas, Water, Heating - Oil (Fired)

CLEAR CEILING HT

15 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.64

LAND SF

27,878

ZONING

CI

APN/PARCEL ID

WWAR-000040-000180-000000

ASK ABOUT THIS PROPERTY

Eric SchultheisSweeney Real Estate & AppraisalMore Info
401-331-9300

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Eric SchultheisSweeney Real Estate & AppraisalMore Info
401-331-9300

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