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1584 Warwick AveWarwick, RI 02889

High-traffic RI retail complex, multi-tenant.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a stabilized, multi-tenant retail property ideally situated at the Hoxie Four Corners intersection of Airport Road and Warwick Avenue (Route 117A) in Warwick, Rhode Island. The 1.52-acre lot encompasses two buildings totaling 10,404 square feet. One building, a 4,404 square foot retail structure, features two units: a 1,252 square foot leased unit and a vacant 3,152 square foot restaurant space complete with a drive-thru. The second building is a 6,000 square foot auto service facility boasting six drive-in doors. The property benefits from high traffic volume (25,522 vehicles daily) and is zoned for General Business (GB), allowing for diverse uses. This established location enjoys proximity to prominent businesses such as Dave's Market, Walgreens, D'Angelos, and Starbucks. The property consists of three units across two single-story buildings, offering a compelling mix of existing income and significant redevelopment potential. This is a generational opportunity to acquire a well-positioned retail portfolio in a thriving Rhode Island market.

Highlights

  • Generational opportunity in Warwick, RI, featuring a 1.52-acre lot with two buildings totaling 10,404 square feet.
  • The property includes a 4,404 SF retail building with two units: a 1,252 SF leased unit and a 3,152 SF vacant restaurant space with a drive-thru.
  • A 6,000 SF auto service building with six drive-in doors is also included.
  • The property is zoned General Business (GB) and benefits from high traffic volume at the intersection of Airport Road and Warwick Avenue (RT 117A).
  • Strong neighboring businesses include Dave's Market, Walgreens, D'Angelos, and Starbucks.

Property Details for 1584 Warwick Ave

Property type
Retail properties, Restaurants
Square Feet
10,404 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
66,211 SF
Units
3

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.733275637491
Longitude
-71.406906125402
1584 Warwick Ave, Warwick, Rhode Island

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1584 Warwick Ave
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