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    1282 Greenwich Ave Warwick, RI 02886

    Pending
    For Sale
    $849,900

    Commercial, Cape Cod,Colonial - Warwick, RI

    Property size:
    3,300 SF
    Lot size:
    0.45 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1282 Greenwich Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    GB
    Parking
    29
    Exterior features
    Downtown
    Size
    3,300 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1930
    Number of units
    1
    Building materials
    Frame
    Architectural style
    Cape Cod

    Keller Williams Realty of Newport / East Bay / North Kingstown (401) 845-9200 [email protected]

    Listing agent Greg Contardo (401) 845-9200

    Listing date Sep 17, 2025

    MLS# 1381121 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Warwick, RI

    This property, located in Warwick, RI, features three buildings on a 0.45-acre lot zoned for General Business. The site is positioned at the intersection of Route 1, Route 117, and Greenwich Avenue. The improvements include a 3-bedroom, 1.5-bath single-family home that could potentially be converted into a legal two-unit dwelling. Additionally, there is an oversized, high-bay garage with a second story. The third building is a 2,805 square foot commercial structure, formerly the Boulevard Tavern, which is undergoing partial renovation. The property is suitable for investors, those who work from home, and restaurateurs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.460002
    Latitude
    41.701646

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    FAQs

    What type of property is this?
    Mixed-use property - Three buildings on a .45 acre lot in Warwick, RI.
    Where is this mixed-use property located?
    The property is located at 1282 Greenwich Ave Warwick, RI.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - General business zoning in a high-traffic location (Rte. 1, Rte. 117 & Greenwich Ave); - Three buildings on .45 acres; - Includes a **3-bed, 1.5-bath single-family home** (potential for legal 2-unit)
    (401) 845-9200
    Request Owner's contact information
    1282 Greenwich Ave Warwick, RI 02886
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    Warwick, RI 02886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1282 Greenwich Ave Warwick, RI 02886
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