Warwick, Rhode Island, offers a unique opportunity for investors to capitalize on the city's rich history, diverse economy, and prime location. Specialty Properties in Warwick are an attractive investment option, providing a chance to own a piece of the city's heritage. These properties can represent a range of investments, from historic buildings to unique commercial spaces. With its strong infrastructure, including the T. F. Green Airport and major highways like Interstate 95 and Interstate 295, Warwick is an ideal location for businesses and travelers alike. The city's amenities, such as Kent Memorial Hospital and Rocky Point State Park, make it an attractive place to live and work. Additionally, Warwick's proximity to Providence and Boston makes it an excellent choice for those looking to invest in a property with easy access to major cities.
Currently, there are 2 Specialty Properties for sale in Warwick, offering a range of options for investors. The average price per square foot for these properties is $133 USD, with an average size of 31,210 square feet. The largest property available is 51,419 square feet. In addition to Specialty Properties, Warwick also offers a range of other property types, including Shopping Centers, which can be found along major highways like Route 2 and Route 5. Land is also available for development, with opportunities to build near the T. F. Green Airport or in the city's downtown area. Office Properties are another option, with many buildings located near the airport or in the city's business parks. Warehouses are also available, providing space for logistics and distribution companies. With its diverse economy and range of property types, Warwick is an excellent choice for investors looking to capitalize on the city's growth and potential.
What financing options are available for specialty property purchases?
When it comes to financing specialty property purchases in Warwick, Rhode Island, buyers have various options to consider. For instance, commercial real estate loans (CRE loans), as explained in our article at https://www.loopnet.com/cre-explained/finance/cre-loans/, can provide the necessary funding for acquiring unique properties, such as those with 2 available listings, averaging $133 USD per square foot, and ranging in size from 31,210 square feet to 51,419 square feet, with an average cap rate of 7.16%.
