1030 Warwick Avenue

Office for Sale
Catylist Listing ID: 30466903
Property Subtypes: Medical, Office Building
Building Size (RSF): 3,300 SF
Gross Land Area: 15,587 SF
Sale Price: $495,000
Unit Price: $150 PSF
Property Use Type: Investment, Business
Building Name: 1030 Warwick Avenue Medical Building
Class of Space: Class C
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/17/2021

Overview / Comments

This property consists of 3,300 square feet with two units. Doctor/ Owner uses his space for a medical practice Suite contains two examining rooms with two baths.
The additional unit is leased to a physical therapy practice. within the suite is an open therapy area room, with two private offices and a bathroom.
This property can be sold as a package with adjacent property at 1050 Warwick Avenue.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: Warwick
Tax ID/APN: WK 302 440
Zoning: GB
Property Located Between: Warwick Avenue and Post Road
Property Visibility: Excellent
Highway Access: Located on Warwick Avenue just north of Hoxie Four Corners. Great access to Route 95 and Rout 37.
Airports: TF Green is minutes
Site Description: This building has 75 feet of frontage on Warwick Avenue along with having 200+ feet of frontage on Independence. This level lot has parking in the rear of the building accessed from Independence with parking for approximately 20 cars. This building can be packaged with the adjacent building at 1050 Warwick Avenue.
Area Description: Site is just north of the Intersection of Warwick Avenue and Airport Road, more commonly called Hoxie Four Corners. Surrounding properties are mosly office use, along with commercial buildings and residential uses on portions of Warwick Avenue and side streets.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,300 SF
Year Built: 1979
Year Renovated: 2000
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: This is a stand-alone, single-story building with 3,300 square feet. Brick facade with gable roof. The building is well-maintained and has had interior renovations in 2000. Level paved lot in rear of building.
Parking Type: Surface
Parking Description: Ample on-site parking for approximately 20+ cars. Access to parking is in the rear of this building.
Total Parking Spaces: 20
Sprinklers: Dry
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Consists of two units of similar size. One unit is the owners unit used medical suite with an open area used as reception and waiting room with private offices, two exam rooms and two bathrooms. Second unit is used for physical therapy.
Zoning Description: Building is zoned GB - General Business.
Lot Frontage: 200
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Plat 302 Lot 440

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,151 109,436 280,475
Median Age: 43.75 40.48 38.73
Households: 5,562 42,830 109,309


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