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115 - 117 Washington Street West Warwick

$399,000
0 7,850 sq ft

The Property

Unique historic building is located at the corner of Washington Street and Crawford Street. This mixed use property consist of 4 residential apartments, three 2 bedroom units and one 1 bedroom unit, and 2 retail storefronts. All new electric service throughout. Revitalization of the once vibrant downtown West Warwick has been underway for the past several years and continues with the recent additions of CVS, The Arctic Theater, all new residential housing on the site of the former Holmes Jewelers with more to come.

Currently operating at full occupancy with annual gross income at $63,000.

Apartment 1 $900 per month

Apartment 2 $1,000 per month

Apartment 3 $1,000 per month

Apartment 4 $1,100 per month

Storefronts $1,200 per month

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Listing Details

MLS Number

1301248

Lot Size:

0.20 acres

Features

  • Basement: Full
  • Heating: Other Heat
  • Type: Mixed Use
  • Year Built: 1900

Market Trends for Commercial Properties
in West Warwick

  • Overview
    Homes for Sale Today16-90.4% decrease in inventory
    New on Market *6200% increase in new listings
    Avg. Asking Price/Sq.Ft. *$77.69$75 increase in List Price/Sq.Ft.
    Avg. Sale Price *$902,894$382,894 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.29%4.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$345.65$109 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *309224 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Conway Commercial Group

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