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416 Buttonwoods Avenue, Warwick, RI 02886
$1,175,000
416 Buttonwoods Avenue, Warwick, RI 02886View this property at 416 Buttonwoods Avenue, Warwick, RI 02886
416 Buttonwoods AvenueWarwickRI02886
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Property Description
Extremely rare opportunity to own a piece of history! Beloved Buttonwoods Terrace is on the market. This 14,336 SQ FT Plaza is located in a sought after residential community close to the water. This strip plaza is located on 1.82 acres with an oversized parking lot with approximately 80+ spots. The plaza consists of 10 units featuring everything from restaurants like the famous Buttonwoods Fish & Chips and Pizza Plus to Providence Pole Fitness, a Church, Bridge Club and Hair Salon just to mention a few. Unique plaza is located in a residential neighborhood and is a destination that is sought out by loyal customers and newbies alike. Well maintained building is clean, fully occupied and busy! Most all units have central air but a couple have mini-splits. Heat is forced warm air via natural gas. City water and sewer. Fully connected alarm system direct to the Fire Station. 8.75% Cap Rate! Act now to seize the day and be the next owner of this cherished neighborhood hotspot!
Full Property Details
Full Property Details for 416 Buttonwoods Ave
General
- Sold For: $1,175,000
- Taxes: $25,867 (2023)
- Status: Closed
- Type: Commercial Institutional
- MLS ID: 1323327
- Added to Site: 566 day(s) ago
Business
- Business Type: Animal Grooming, Barber/Beauty, Bakery, Bar/Tavern/Lo
- Year Established: 1950
Rental Information
- Lease Info: NN
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
Parking
- Total Spaces: 80
Location
- County: Kent
- Subdivision: Buttonwoods
- Building Name: Buttonwoods Terrace
Community
- Units Assoc/Comm: 10
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, 1 Unit
- Heating Type: Baseboard, Gas
Utilities
- Sewer: Connected, Public Sewer, Sanitary, Storm Sewer
- Water: Connected, Public
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Frame
- Basement Desc.: None
- Stories/Levels: 1
- Building Size: 14336
- Finished Total: 14,336 Sq. Ft.
- Finished Above Grnd: 14,336 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 1.82
- Lot Size (Sq. Ft.): 79,279
- Lot Size: 79279
- Frontage: City Street, Asphalt, Paved
- Street Lights: Yes
- Sidewalks: Yes
- Potential Use: Office, Place of Worship, Retail
Financial Considerations
- Tax Amount: $25,867.89
- Tax Year: 2023
- Owner Pays: Insurance, Pest Control, Snow Removal, Taxes
- Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, Trash Collection, Water
Disclosures and Reports
- Compensation Comments: Compensation is based on final sale price minus seller paid closing costs, points, pre-paids and prorations paid on buyer’s behalf.
- Documents Avail.: Aerial
- Property ID: 416BUTTONWOODSAVWARW
- Lot Number: 6
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Schools
Schools serving 416 Buttonwoods Ave
School District:Warwick
Rating | Name | Grades | Distance |
---|---|---|---|
40 Asylum Rd, Warwick, RI 02886 | K-5 | 0.5 mi | |
70 Nausauket Rd, Warwick, RI 02886 | K-5 | 0.7 mi | |
30 Almy St, Warwick, RI 02886 | K-5 | 0.8 mi | |
Warwick Veterans Memorial High School
2401 W Shore Rd, Warwick, RI 02889 | 6-8 | 1.1 mi | |
Gorton Junior High School
69 Draper Ave, Warwick, RI 02889 | 6-8 | 2.7 mi | |
100 Cedar Ave, E Greenwich, RI 02818 | 6-8 | 3.6 mi | |
Warwick Area Career and Technical Center
575 Centerville Rd Bldg 5, Warwick, RI 02886 | 10-12 | 2.7 mi | |
4 Sharpe Dr, Cranston, RI 02920 | 9-12 | 3.5 mi | |
111 Pilgrim Pkwy, Warwick, RI 02888 | 9-12 | 3.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 416 Buttonwoods Ave
Date
Details
Price
Change
Source
1/16/2024
Sold
$1,175,000
-8.06%
MLS
8/04/2023
Price Reduced
$1,278,000
-5.33%
MLS
4/18/2023
Price Reduced
$1,350,000
-3.57%
MLS
2/16/2023
Price Reduced
$1,400,000
-3.45%
MLS
11/01/2022
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
416 Buttonwoods Avenue, Warwick, RI 02886 (MLS# 1323327) is a Commercial Institutional property that was sold at $1,175,000 on January 16, 2024. This property was listed by John Chapski from our East Greenwich Office.Want to learn more about 416 Buttonwoods Avenue? Do you have questions about finding other Commercial Institutional real estate for sale in Warwick? You can browse all Warwick real estate or contact a Coldwell Banker agent to request more information.