For Sale
$109,000

215 Toll Gate RdWarwick, RI 02886

Prime Warwick office space, 50,000 sq ft lot.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 1-unit commercial office building situated on a substantial 50,000 square foot lot at 215 Toll Gate Road, Warwick, Rhode Island, 02886. Constructed in 1989, the building offers a prime location with convenient access to major roadways, enhancing its appeal to a wide range of businesses. The property boasts a significant amount of parking, a key advantage for both employees and clients. The building itself includes a 650 square foot office space on the top floor, featuring handicap accessibility. Low condo fees further contribute to the property's financial attractiveness. Its strategic location offers proximity to essential amenities, including a hospital (0.8 miles), the courthouse (2.7 miles), daycares, various retail establishments, and restaurants. The high demand for commercial rental space in this area, with rental rates ranging from $16 to $23 per square foot, underscores the significant potential for rental income and return on investment. This property is ideally suited for a variety of professional uses and represents a compelling addition to any investment portfolio. The property is classified as Commercial, Traditional Office, Business, and Specialty Services.

Highlights

  • $109,000 asking price.
  • 1-unit, 650 sq ft office condo in a 1-building complex.
  • Located at 215 Toll Gate Road, Warwick, RI 02886.
  • 50,000 sq ft lot.
  • Built in 1989.
  • Top floor unit with handicap access and ample parking.

Property Details for 215 Toll Gate Rd

Property type
Retail properties, Office properties
Year Built
1989
Buildings
1
Units
1

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.7012679
Longitude
-71.469916
215 Toll Gate Rd, Warwick, Rhode Island

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215 Toll Gate Rd
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