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Fully Entitled Marriott Residence Inn Site 60 Montebello Rd

140 Room Hotel Warwick, RI 02886 $3,948,697 CAD ($28,205 CAD/Room)

Hotels Rhode Island Warwick 60 Montebello Rd, Warwick, RI 02886

INVESTMENT HIGHLIGHTS

  • Intermodal Zoning.
  • Multifamily Development Opportunity.
  • Shovel Ready.
  • Across from Airport.
  • Hospitality Development Opportunity.

EXECUTIVE SUMMARY

Prime land across from TF Green Airport, located in Intermodal District. Approximately 2.4acres. This site is fully entitled, complete architectural and engineering, and permitted for a Marriott Residence Inn (with reimbursement above purchase price for out of pocket costs of drawings, franchise, and entitlement costs). Alternatively this is prime land for a multifamily development, etc.

ATTACHMENTS

Master Plan Set

PROPERTY FACTS

Price $3,948,697 CAD Lot Size 2.42 AC
Price Per Room $28,205 CAD Construction Status Final Planning
Sale Type Investment Building Size 105,000 SF
Sale Condition Redevelopment Project No. Rooms 140
Property Type Hospitality No. Stories 6
Property Subtype Hotel Year Built 2024
Building Class B Corridor Interior
Price $3,948,697 CAD
Price Per Room $28,205 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.42 AC
Construction Status Final Planning
Building Size 105,000 SF
No. Rooms 140
No. Stories 6
Year Built 2024
Corridor Interior

AMENITIES

  • Fitness Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 140 $356.10 CAD -
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • WARW-000323-000319-000000
  • 323 0323 0000
  • WARW-000323-000296-000000
  • WARW-000323-000322-000000
  • WARW-000323-000295-000000
  • WARW-000323-000298-000000
  • 323 0297 0000
 Improvements Assessment $7,440,131 CAD
Land Assessment $2,467,655 CAD Total Assessment $9,907,786 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • WARW-000323-000319-000000
  • 323 0323 0000
  • WARW-000323-000296-000000
  • WARW-000323-000322-000000
  • WARW-000323-000295-000000
  • WARW-000323-000298-000000
  • 323 0297 0000
Land Assessment
$2,467,655 CAD
Improvements Assessment
$7,440,131 CAD
Total Assessment
$9,907,786 CAD

ZONING

Zoning Code HU
HU
(412) 262-1200 x104

CONTACT

  • Listing ID: 32976043

  • Date on Market: 2024-08-27

  • Last Updated:

  • Address: 60 Montebello Rd, Warwick, RI 02886

The Warwick/West Warwick Hospitality Property at 60 Montebello Rd, Warwick, RI 02886 is currently available. Contact DiCicco Development Inc. for more information.

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60 Montebello Rd, Warwick, RI for sale Building Photo- Image 1 of 3
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60 Montebello Rd, Warwick, RI for sale Site Plan- Image 2 of 3
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Fully Entitled Marriott Residence Inn Site | 60 Montebello Rd
(412) 262-1200 x 104

Fully Entitled Marriott Residence Inn Site | 60 Montebello Rd

Sam DiCicco Jr

(412) 262-1200

x104

(412) 262-1200 x104

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