Providence, Rhode Island, offers a diverse range of Warehouses For Sale, with 16 listings available. Investing in a warehouse in Providence can be a lucrative opportunity, as the city's strategic location and strong infrastructure make it an ideal hub for businesses. Warehouses can represent a variety of investments, from industrial properties to storage facilities, and can cater to different business needs. Providence's warehouses often feature amenities such as loading docks, high ceilings, and ample parking, making them attractive to businesses in various industries. The city's location, with easy access to I-95 and I-195, also makes it an ideal spot for distribution and logistics companies. Additionally, Providence is home to several institutions of higher learning, including Brown University and Rhode Island School of Design, which can provide a skilled workforce for businesses. The city's geography, with the Providence River running through it, also offers scenic views and a unique character.
Providence's warehouses are situated in a city with a rich history and a strong arts community. The city is home to several notable attractions, including Waterplace Park and the Riverwalk, Roger Williams Park, and the Rhode Island School of Design Museum. In addition to warehouses, Providence also offers other property types, such as Industrial Properties, which can provide additional space for manufacturing and production. Land is also available for development, offering opportunities for businesses to build their own facilities. Residential Income Homes can provide a steady stream of revenue, while Commercial Real Estate can offer a range of investment opportunities. With its diverse economy and strong infrastructure, Providence is an attractive location for businesses and investors alike. The city's unique character, with its blend of history and modern amenities, makes it an ideal place to invest in a warehouse or other property type.
What are the key features investors look for in warehouses in Providence?
When searching for warehouses in Providence, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $123 USD, with an average size of 26,321 square feet and a maximum size of 80,000 square feet, offering ample space for storage and operations.
- A competitive average cap rate of 7.6%, providing a strong potential for returns on investment.
- Proximity to major transportation facilities, such as T.F. Green Airport, Providence Station, and I-95, ensuring easy access to regional and national markets, with a total of 16 available listings to choose from.
What size warehouses are available to buy in Providence?
Warehouses for sale in Providence range in size from approximately 26,321 square feet to 80,000 square feet, with an average price per square foot of $123 USD and an average cap rate of 7.6%, among the 16 available listings.
How much does it cost to buy a warehouse in Providence?
When it comes to buying a warehouse in Providence, the cost can vary widely depending on factors such as size, location, and condition, but on average, you can expect to pay around $123 USD per square foot, with the average warehouse size being around 26,321 square feet, and the largest available warehouse space being around 80,000 square feet, with a total of 16 available listings to choose from, and an average cap rate of 7.6%.
