104 Hay StWest Warwick, RI 02893

  • Other commercial real estate
  • 1.80 AC
For Sale
$2,400,000 View listing

Property Details for 104 Hay St

Lot size
1.80 AC
Zone code
CI
Property type
Other commercial real estate
APN
WWAR 026-0017-0-000
APU
WWAR02600170000

Description

This exceptional 34,105-square-foot industrial property in West Warwick, Rhode Island, presents a unique investment opportunity for owner-users. Situated on a 1.798-acre lot, this single-tenant building boasts a versatile layout combining flex space, substantial cold storage, and office areas. The structure, built in 1950 and zoned CI (Commercial Industrial), features nine dock-high loading doors, facilitating efficient loading and unloading operations. The high ceilings, measuring 20 feet, provide ample vertical space for storage and operations. The cold storage component includes two freezers and three coolers, ideal for businesses requiring temperature-controlled environments. The property's strategic location offers convenient access to major transportation arteries, including I-295, I-95, T.F. Green Airport, Route 2, and Route 37, ensuring seamless logistics and distribution. This two-story building represents a rare combination of features and location, making it an attractive option for a variety of industrial and cold storage businesses. The asking price is $2,400,000.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,821,397
    Hospitality
    $13,576,320
    Educational
    $11,295,338
    Medical
    $11,683,803
    Retail
    $17,570,526
104 Hay St, West Warwick, Rhode Island

Location Insight

City
West Warwick
County
Kent
State
Rhode Island
Latitude
41.7165
Longitude
-71.5156
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$29,998
$253,600
$741,900
$995,500
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-
-
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