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628 Metacom Plaza 628 Metacom Ave 12,014 SF 100% Leased Retail Building Warren, RI 02885 $2,452,555 CAD ($204.14 CAD/SF)
Investment Highlights
- Broad development flexibility with CS-5 zoning for mixed-use, multifamily, medical, office, or retail.
- Strong signage opportunities and enhanced leasing velocity supported by visibility.
- Coastal zoning constraints restrict future competition, supporting long-term asset value.
- Highly visible corner location with dual frontage and strong ingress/egress points.
- Limited supply of comparable development parcels in the coastal Connecticut market.
Executive Summary
Discover this exceptional commercial property on the highly traveled Route 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: o 60 Parking Spots providing ample parking for tenants and customers. o 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 Route 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!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,014 SF
Building Class
B
Year Built
1985
Price
$2,452,555 CAD
Price Per SF
$204.14 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.83 AC
Zoning
10 - Regional Shopping Center
Parking
30 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
174’ on Metacom Ave
Amenities
- Signage
- Storage Space
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WARR-000013D-000000-000421 | Improvements Assessment | $418,056 CAD |
| Land Assessment | $285,898 CAD | Total Assessment | $703,953 CAD |
Property Taxes
Parcel Number
WARR-000013D-000000-000421
Land Assessment
$285,898 CAD
Improvements Assessment
$418,056 CAD
Total Assessment
$703,953 CAD
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628 Metacom Plaza | 628 Metacom Ave
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