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Jatco Building 643-653 East Ave 9,672 SF 100% Leased Retail Building Warwick, RI 02886 $4,920,984 CAD ($508.79 CAD/SF) 6% Cap Rate
Executive Summary
Mixed-Use Investment Portfolio | 643–653 East Ave & 72 Baker St, Warwick, RI
Offered at $3,600,000, this multi-building mixed-use portfolio in Warwick presents a strong income-producing opportunity with a diverse tenant mix.
Property includes:
• 13,722 SF total building area
• 18,295.2 SF total lot area
Unit Mix:
• 6 Retail Units
• 14 Office Units
• 12 Apartment Units
• Separate 2-family property at 72 Baker St
Highlights:
• Diversified income stream (retail, office, residential)
• Value-add potential through rent increases and leasing
• Well-located on East Ave with strong accessibility
• Ideal for investors seeking stable cash flow with upside
Offered at $3,600,000, this multi-building mixed-use portfolio in Warwick presents a strong income-producing opportunity with a diverse tenant mix.
Property includes:
• 13,722 SF total building area
• 18,295.2 SF total lot area
Unit Mix:
• 6 Retail Units
• 14 Office Units
• 12 Apartment Units
• Separate 2-family property at 72 Baker St
Highlights:
• Diversified income stream (retail, office, residential)
• Value-add potential through rent increases and leasing
• Well-located on East Ave with strong accessibility
• Ideal for investors seeking stable cash flow with upside
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,672 SF
Building Class
C
Year Built
1900
Price
$4,920,984 CAD
Price Per SF
$508.79 CAD
Cap Rate
6%
NOI
$295,259 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.89
Lot Size
0.25 AC
Zoning
GB
Parking
45 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Alter Ego
- Services
- -
- -
- -
- Anytime Anywhere Taxi & Transportation
- Transportation and Warehousing
- -
- -
- -
- Astoria Salon
- Services
- -
- -
- -
- Buycellfix
- Services
- -
- -
- -
- Crossroads Counseling
- Health Care and Social Assistance
- -
- -
- -
- Don Bernardo Cigars
- Retailer
- -
- -
- -
- Electronic Alarms
- Wholesaler
- -
- -
- -
- Friends Of Joe Trillo
- Public Administration
- -
- -
- -
- Ibuy4resale
- Public Administration
- -
- -
- -
- Inspirations Kitchen & Bath Design Llc
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Alter Ego | Services | - | - | - | ||
| Anytime Anywhere Taxi & Transportation | Transportation and Warehousing | - | - | - | ||
| Astoria Salon | Services | - | - | - | ||
| Buycellfix | Services | - | - | - | ||
| Crossroads Counseling | Health Care and Social Assistance | - | - | - | ||
| Don Bernardo Cigars | Retailer | - | - | - | ||
| Electronic Alarms | Wholesaler | - | - | - | ||
| Friends Of Joe Trillo | Public Administration | - | - | - | ||
| Ibuy4resale | Public Administration | - | - | - | ||
| Inspirations Kitchen & Bath Design Llc | Construction | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WARW-000263-000056-000000 | Improvements Assessment | $700,286 CAD |
| Land Assessment | $160,735 CAD | Total Assessment | $861,021 CAD |
Property Taxes
Parcel Number
WARW-000263-000056-000000
Land Assessment
$160,735 CAD
Improvements Assessment
$700,286 CAD
Total Assessment
$861,021 CAD
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Jatco Building | 643-653 East Ave
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