1584 Warwick AveWarwick, RI 02889

  • Land
  • 0.40 AC
For Sale

Property Details for 1584 Warwick Ave

Lot size
0.40 AC
Zone code
GB
Property type
Land
Property subtype
Commercial land
APN
WARW M:319 B:0001 L:0000
APU
WARWM319B0001L0000

Description

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.

1584 Warwick Ave, Warwick, Rhode Island

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.7331
Longitude
-71.4061
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,462
$164,700
$15,000
$179,700
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FAQs

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