Solid Industrial Building in West Warwick

Industrial for Sale
Catylist Listing ID: 30725387
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Research & Development
Building Size (RSF): 11,616 SF
Gross Land Area: 12,850 SF
Sale Price: $449,900
Unit Price: $38.73 PSF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Usable Size (USF): 11,616 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2021

Overview / Comments

Multi use masonry industrial flex building available for sale or lease. Located on Washington Street West Warwick, this building was previously used by ABS Printing, a full service printing and mailing service business. This multi function building with 12' overhead door is currently made up of standard office space, open manufacturing and storage space. 4 bathrooms throughout the building. 400 amp electrical service provides ample power for most industrial uses. Freight elevator. With minor configuration changes, the building could accommodate multiple tenants as it is equipped with 5 heating systems. At $38.00psf, this building is very competitively priced.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $12,657 (Annual)
Tax Value Land $55,700
Tax Value Improvements $334,600
Assessed Value - Total($) $390,300 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: Town of West Warwick
Tax ID/APN: WW 006-0503-0-000
Property Located Between: Downtown West Warwick and the east end of Coventry
Highway Access: Minutes to Route 2, 295 and 95.
Site Description: Fenced industrial site. Property runs from Washington St. to Archambault Ave.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1900
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Masonry block construction with manufactured stone facade.
Parking Type: Surface
Total Parking Spaces: 15
Column Spacing: 12'
Freight Elevators: 1
Sprinklers: None
Amps: 400
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,477 67,965 139,943
Median Age: 38.14 41.85 42.89
Households: 6,293 28,979 57,083

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