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628 Metacom Avenue Warren, RI $ 2,400,000
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$ 2,400,000 Get more info
628 Metacom Avenue
$ 2,400,000
Back to search
Share Save

628 Metacom Avenue

Warren, RI, 02885
$ 2,400,000
Baths0.0 Sq 12,014

Monthly Estimate*

$ 14,374

628 Metacom Avenue, Warren, RI 02885 - Image 1
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628 Metacom Avenue, Warren, RI 02885 - Image 5
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628 Metacom Avenue, Warren, RI 02885 - Image 10
628 Metacom Avenue, Warren, RI 02885 - Image 11
Studio

Commercial Property for sale in Warren, RI

for $2,400,000. This 12,014 square foot building was built in 1985 on a lot size of 1.196.

Discover this exceptional commercial property on the highly traveled Rte 136 northbound side of Metacom Ave. With nearly 12,000 square feet of versatile space, this property features 14 numbered units, 13 of which are currently occupied by 8 thriving, retail businesses. It offers an excellent opportunity for investors or an anchor tenant looking to capitalize on traffic and visibility. Property Highlights: 60 Parking Spots providing ample parking for tenants and customers. Gas and electric HVAC systems for each unit. Full Basement: Additional 2,800 square feet of income-producing rental space. Prime Location: Located on the well-traveled Rte 136 northbound side, offering high visibility. Additional office space located on the second floor to provide more income generating opportunities. This property is perfect for an anchor tenant looking for maximum exposure in a high-traffic area. Don't miss out on this unique investment opportunity! Call today to book your appointment to see this property!

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Commercial Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,041

Style

Commercial

Lot Size

1.196

Year Built

1985

Town/City

Warren

County/Region

Bristol

MLS | Web ID

1367171
Features
General
Sewer PublicSewer
Heating Gas
Cooling CentralAir
Utilities NaturalGasConnected
Possession Negotiable
Zoning B
Security Features BuildingSecurity
Construction Materials Frame
Year Built 1985
Electric Item200AmpService
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2024
Business Type Parking Retail
Community Features BusinessCenter Golf HighwayAccess Marina NearHospital NearSchools PublicTransportation RecreationArea Restaurant Shopping TennisCourts HighTrafficLocation
Business Name Mayo Corp.
County BRISTOL
New Construction N
Property Type CommercialSale
Association Amenities BusinessCenter
Home Owner Assoc N
Attached Garage N
Subdivision Name C-M
Possible Use Retail
Garage Y/N N
Status Active
City Warren
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 1
Lot Size Units SquareFeet
Lot Size Square Feet 52097.76
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 13
Land Lease Y/N N
Tax Annual Amount 15041.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 1041600
Tax Lot n/a
Cap Rate 5.25
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Interior
Basement Full
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 12014.0
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public
Total Parking 2.0
Lot Size Area 52097.76
Foundation Details ConcretePerimeter
Number of Buildings 2
Spa N
Building Area Total 12014.0
Lot Size Acres 1.196
Road Surface Type Paved
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 628
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* Excluded Features
List By
Residential Properties Ltd.

Broker

kflaherty@residentialproperties.com

Email

Affordability Calculator

$15,627
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,374
Monthly Property Taxes
$1,253
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/31/2024$2,400,000 Listed Price

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628 Metacom Avenue, Warren, RI, 02885 is a Commercial Property for sale at $2,400,000 with 12,014 sqft and a lot size of 1.196. 628 Metacom Avenue is a studio with 0.0 baths and was built in 1985. The property's zip code is 02885 which is in Warren, RI

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