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Unique Mixed-Use Property in Warwick

14 W Natick Road Warwick, RI 02886

Claim this Listing
For Sale
$799,900

MULTI_FAMILY - Warwick, RI

Property size:
4,271 SF
Lot size:
0.44 Acres
Price / SF:
$187/SF
Added:
Oct 14, 2025
Days on Market:
271
Last Refresh:
Jul 11 at 7:06 pm

Property Features for 14 W Natick Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 3
Parking
7
Parking features
Garage
Basement
Full, Unfinished
Appliances
Gas Water Heater
Standard status
Active
Size
4,271 SF
Lot size
0.44 Acres

Taxes and HOA fees

Tax Year
2024

Utilities

Sewer type
Septic Tank
Heating system
Baseboard, Natural Gas, Electric (Heating)
Cooling system
Ductless

Building Details

Year built
1955
Number of units
2
Flooring type
Laminate
Building materials
Wood

Listing agent Kyle Seyboth License #REC.0005226

Listing office Century 21 Limitless 969 Waterman Avenue, Suite 1, East Providence, RI

Listing date Oct 14, 2025

MLS# 1397795 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This unique mixed-use property in Warwick, Rhode Island, offers a blend of residential and commercial space on a 0.44-acre lot. The property includes a 4-bedroom, 2-bathroom single-family home and a commercial office space. Both spaces have been fully updated with new electric, plumbing, septic system, parking lot, paint, flooring, kitchen, and bathrooms. The commercial space is ADA compliant, featuring a handicap ramp and electric ductless heat and A/C. It also includes a full, walk-out basement to the parking lot. The property is located minutes from major interstates and within walking distance to Warwick Mall and local amenities. The property size is 4271 square feet.

Key Highlights

  • Unique mixed‑use property: residential home and commercial office space on one lot.
  • Fully updated: features new electric, plumbing, septic system, parking lot, paint, flooring, kitchen, and bathrooms.
  • Spacious 4 bedroom, 2 bathroom single family home with modern finishes.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $111.2k $26.04
− Vacancy −$7.6k −$1.77
EGI $103.7k $24.27
− OpEx −$46.6k −$10.92
NOI $57.0k $13.35
4,271 SF · lease $26.04/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$814.4K
$712.6K – $950.2K (±1% cap)
NOI $57,010 @ 7.0% cap · market cap 7.13%
Second Best
Mixed Use
$753.7K
$659.5K – $879.3K (±1% cap)
NOI $52,758 @ 7.0% cap · market cap 6.60%
Theoretical Best
Specialty Retail
$1.07M
$936.0K – $1.25M (±1% cap)
NOI $74,879 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Daycare Center Home Appliance Store Bakery (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Wine and Liquor Store

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

FAQs

What type of property is this?
Mixed-use property - Updated mixed-use property with residential and commercial spaces.
Where is this mixed-use property located?
The property is located at 14 W Natick Road Warwick, RI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Unique mixed‑use property: residential home and commercial office space on one lot.; Fully updated: features new electric, plumbing, septic system, parking lot, paint, flooring, kitchen, and bathrooms.; Spacious 4 bedroom, 2 bathroom single family home with modern finishes.
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More about this property
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