Light Industrial Investment

Industrial for Sale
Catylist Listing ID: 30778481
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 19,900 SF
Gross Building Area: See Agent
Gross Land Area: 1.84 Acres
Sale Price: $1,700,000
Unit Price: $85.43 PSF
Ceiling: 16 ft. / 10 ft. Clear
Docks/Doors: 4 Doors
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/3/2022

Overview / Comments

FOR SALE: 24 Minnesota Avenue, Warwick, RI
• 19,900± SF Building
• 1.84± Acres of Land
• Unit A: 9,490± SF - Vacant
• Unit B: 4,850± SF - Leased Until June 2024
• Unit C: 5,560± SF - Leased Until October 2023
• 15,200± SF of Warehouse
• 16 FT Ceilings; 10 FT Clear
• 3-Phase/400 AMP/240v
• Four (4) Drive in Doors
• Two (2) Truck Wells
• Built in 1984
• 40+ Parking Spaces
• Zoned Light Industrial (LI)
• Located just off RT-1
• Minutes from T.F. Green Airport, I-95, I-295 & RT 37

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WK 309 251
Zoning: LIGHT INDUSTRIAL - LI
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1984
Parking Type: Surface
Total Parking Spaces: 40
Amps: 400
Volts: 240
X-Phase: 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,341 102,909 262,809
Median Age: 41.41 42.62 39.71
Households: 3,535 42,108 103,116

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