56 Forester Avenue

Description

56 Forester Ave -One of the most exciting opportunities in the Village of Warwick! Rare Retail/Office/Automotive complex, approximately 16,440 SF of commercial space on approximately 1.6 acres with multiple buildings, service automotive bays, retail, office, work areas, high ceilings, substantial parking (60+) and yard area. The front building is approximately 7,600 sq/ft on two levels and is currently available for owner occupancy or potential redevelopment and offers flexible space for retail (avg 4,446 cars pass by per day), office, contractors, tradesman, automotive/service businesses, fleet operations, light industrial or similar commercial users. The space can be split up easily for multiple tenants. Also attached to the front building is a bonus garage space with high ceilings and two large 14' roll-up drive in doors. The rear building has 10 drive in doors and is 100% occupied by two established automotive tenants. This is an excellent opportunity for an owner-user to occupy the front building while benefiting from the existing rental income in the rear. Municipal water and sewer, natural gas. For Investors, this property offers significant long-term upside through renovation, lease-up and future repositioning. (LI) - Light Industrial Zoning- some permitted uses are retail, automotive, health club, art galleries, office, personal service, auto sales, service & repair, eating drinking establishments and as of 2022 - residential apartments above commercial space was added as a conditional use which may benefit a strategic developer.

Property Details

Cooling

Wall/Window Unit(s)

Heating

Baseboard, Forced Air

Schools