For Sale
$989,000

188 Airport RdWarwick, RI 02889

Warwick, RI: 4 Units, 4,362 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use investment opportunity in Warwick, Rhode Island, presents a compelling blend of residential and commercial space. Located at 188 Airport Road, this property boasts a prime corner location on a well-traveled thoroughfare. The property comprises two buildings totaling 4,362 square feet on a 0.23-acre lot. The residential building, approximately 1,802 square feet, features two bedrooms, two and a half bathrooms, and a finished basement. The adjacent 2,560-square-foot office building offers three separate units. The upper level encompasses a single 1,280-square-foot unit with a conference room, private offices, and bathrooms. The lower level is divided into two 640-square-foot units. The buildings are separately accessed. Built in 1947, this Class C property features 15 parking spaces and is zoned A-7 Residential, offering potential for various uses, including conversion of the office space into additional residential units. The asking price is $989,000, translating to $226.73 per square foot. This property presents a unique opportunity for investors seeking a strong return in a desirable Rhode Island location. The property includes two stories and is situated in Kent County, Warwick, RI, 02889. The APN is 320-0013.

Highlights

  • $989,000 asking price for this mixed-use property.
  • 4,362 square feet on a 0.23-acre lot in Warwick, RI.
  • Four units: two residential and two office units.
  • Two buildings, two stories, built in 1947; Class C construction.
  • 15 parking spaces available.
  • A-7 Residential zoning.

Property Details for 188 Airport Rd

Property type
Office properties, Mixed-use properties
Square Feet
4,362 SF
Class
C
Year Built
1947
Buildings
2
Stories
2
Lot Size (sq. ft)
10,019 SF
Units
4

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.7329785
Longitude
-71.4139921
188 Airport Rd, Warwick, Rhode Island

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188 Airport Rd
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