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650 Greenwich Ave 5,208 SF 100% Leased Retail Building Warwick, RI 02886 $2,037,000 CAD ($391.13 CAD/SF) 4.30% Cap Rate
Executive Summary
Offered for sale, this 5,208 SF multi-tenant retail building on a 10,018.8 SF lot is located in Warwick along a well-traveled commercial corridor.
Property Features:
• 4 retail units
• Multi-tenant layout providing diversified income potential
• Strong visibility and accessibility on Greenwich Ave
• On-site lot with ample frontage
• Ideal for investors or owner-users
Highlights:
• Opportunity for lease-up and rent growth
• Established retail location with consistent traffic
• Well-suited for long-term hold or repositioning
Property Features:
• 4 retail units
• Multi-tenant layout providing diversified income potential
• Strong visibility and accessibility on Greenwich Ave
• On-site lot with ample frontage
• Ideal for investors or owner-users
Highlights:
• Opportunity for lease-up and rent growth
• Established retail location with consistent traffic
• Well-suited for long-term hold or repositioning
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,208 SF
Building Class
C
Year Built
1971
Price
$2,037,000 CAD
Price Per SF
$391.13 CAD
Cap Rate
4.30%
NOI
$87,591 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.23 AC
Zoning
A7
Parking
32 Spaces (6.14 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cuts 2000
- Services
- -
- -
- -
- Dvskin.com
- Professional, Scientific, and Technical Services
- -
- -
- -
- Set The Barre
- Public Administration
- -
- -
- -
- Soriya Nails & Spa
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cuts 2000 | Services | - | - | - | ||
| Dvskin.com | Professional, Scientific, and Technical Services | - | - | - | ||
| Set The Barre | Public Administration | - | - | - | ||
| Soriya Nails & Spa | Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WARW-000270-000065-000000 | Improvements Assessment | $391,349 CAD |
| Land Assessment | $140,302 CAD | Total Assessment | $531,651 CAD |
Property Taxes
Parcel Number
WARW-000270-000065-000000
Land Assessment
$140,302 CAD
Improvements Assessment
$391,349 CAD
Total Assessment
$531,651 CAD
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650 Greenwich Ave
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