2574 Shore RdWarwick, RI 02889

Property Details for 2574 Shore Rd

Year built

1961

Construction

STEEL FRAME

Lot size

18.31 AC

Property size (Sq ft)

39,041 SF

Zone code

GB

Property type

Commercial real estate

APN

WARW M:362 B:0035 L:0000

APU

WARWM362B0035L0000

Description

This 49,332 square foot retail center, located in Kent County, offers multiple tenancy options with spaces ranging from 1,675 to 6,500 contiguous square feet. Currently, 10,464 square feet are vacant and immediately available for lease. The property boasts a prime location near major retailers, providing excellent visibility and foot traffic. Its strategic proximity to Route 95 and the Providence (PVD) Airport ensures easy access for customers and employees. The convenient location near two high schools also presents a unique opportunity to tap into a significant local demographic. Ample parking is available with 495 spaces to accommodate customers and staff. This versatile property is ideal for a variety of retail businesses seeking a high-visibility location with convenient access and substantial parking. The minimum leasable space is 1,675 square feet, while the maximum contiguous space available is 6,500 square feet. This presents a flexible solution for businesses of various sizes. Don't miss this opportunity to establish your business in a thriving retail environment. Inquire today to learn more about leasing options and secure your space in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,315,260

  6.5%

  $6,752,550

  7%

  $6,270,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,101,100

  Geo Method

  $5,101,100

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $13,294,200

  Retail / Commercial

  $6,817,210

  Mixed-Use / Specialty

  $6,792,910

  Hospitality / Lodging

  $4,983,740

  Office

  $6,752,550

  Institutional / Educational

  $7,061,880

  Residential Income

  $8,262,400

  Multifamily

  $9,909,480

  Automotive / Energy

  $6,053,040

  Parking / Income-Based Land

  $2,088,830

  Restaurant / Food Service

  $3,533,040

  Healthcare / Senior Housing

  $6,966,000

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Latitude

41.7031

Longitude

-71.4165

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].