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329 Providence St 1,980 SF 100% Leased Retail Building West Warwick, RI 02893 $1,107,510 CAD ($559.35 CAD/SF)



Investment Highlights
- Heavy Traffic Visibility
- Building situated for many uses
- Oversized lot with room for expansion
Executive Summary
Exceptional opportunity to acquire a highly visible and strategically located commercial property at 329 Providence Street in West Warwick. Positioned along a busy commercial corridor with more than 14,000 daily traffic impressions, this property offers outstanding exposure while remaining just a short drive from Bald Hill Road and the area’s major retail, business, and transportation routes. The property features a 1,980-square-foot commercial building equipped with three garage bays, providing a versatile footprint suitable for a variety of business, service, automotive, contractor, or owner-user applications. Situated on an oversized 28,900-square-foot lot—over half an acre—the property offers substantial outdoor space along with potential for future expansion, additional parking, storage, or other improvements subject to municipal approvals. Adding to the investment appeal is existing supplemental income associated with the property that may convey to the new owner, creating an opportunity to offset ownership costs while operating or leasing the primary building. With strong daily traffic, excellent visibility, three garage bays, a large and flexible site, existing income potential, and convenient access to Bald Hill Road and the surrounding commercial market, 329 Providence Street presents a compelling opportunity for an owner-user, investor, or growing business seeking a well-positioned commercial property in central Rhode Island.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,980 SF
Building Class
C
Year Built
1970
Price
$1,107,510 CAD
Price Per SF
$559.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.66 AC
Zoning
B - Business Zoning District. Very flexible
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
46’ on Providence St
Amenities
- Bus Line
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Signature Automotive
- Retailer
- -
- -
- -
U-Haul began in 1945, when Leonard Shoen and Anna Mary Carty Shoen turned a need for one-way moving trailers into a rental business that grew through service-station partnerships and a recognizable orange fleet. Today, the company focuses on do-it-yourself moving and storage, offering truck and trailer rentals, towing equipment, U-Box containers, moving supplies, and storage services. U-Haul operates a broad rental network across the United States and Canada and continues to serve customers through roadside assistance and Moving Help services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Signature Automotive | Retailer | - | - | - | ||
|
Real Estate | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WWAR-000024-000310-000000 | Improvements Assessment | $188,992 CAD |
| Land Assessment | $190,792 CAD | Total Assessment | $379,785 CAD |
Property Taxes
Parcel Number
WWAR-000024-000310-000000
Land Assessment
$190,792 CAD
Improvements Assessment
$188,992 CAD
Total Assessment
$379,785 CAD
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329 Providence St
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