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    245 Washington St West Warwick, RI 02893

    For Sale
    $899,000

    Commercial - West Warwick, RI

    Property size:
    4,023 SF
    Days on Market:
    139
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 245 Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B - ADCD
    Parking
    30
    Interior features
    Ceiling Height (9 To 12 Ft)
    Exterior features
    Corner, Paved, Sidewalks, Downtown, Free Standing, Urban
    Size
    4,023 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Floors in Building
    1
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Other

    RI Real Estate Services (401) 885-5400 [email protected]

    Listing agent Michael Russo (401) 885-5400

    Listing date Jul 20, 2025

    MLS# 1390426 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

    West Warwick Commercial Property For Sale

    This commercial property in West Warwick, Rhode Island, presents a rare opportunity to acquire a well-established, locally owned and operated business along with its real estate. The property is situated on a highly visible corner lot with ample parking. The real estate includes a commercial building with over 4,000 square feet of space, currently configured as a bar, lounge, and billiard hall. It features a full commercial kitchen, a walk-in refrigerator, and a sound system suitable for live music or a DJ. The building is equipped with all public utilities, including water, sewer, and gas. Additional features include a relatively new roof, recent updates, and compliance with fire codes. The business, L.A Cafe, has been a local establishment for many years and includes a full liquor license, a full commercial kitchen, and a solid client base. There is potential for increased sales. The property is zoned B - ADCD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    L a Cafe Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Bee’s Mobile Bartending LLC, JW's PUB, Boneheads Wing Bar, Borowski's Cafe, Hour Bar

    Location Insight

    • Map
    • Local Demand
    City
    West Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.528768
    Latitude
    41.700647

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    FAQs

    What type of property is this?
    Bar - Well-established bar/lounge with real estate, business, and inventory included.
    Where is this bar located?
    The property is located at 245 Washington St West Warwick, RI.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Business, Real Estate & Inventory Included: Acquire a fully operational business, property, and inventory.; - Established Business with Full Liquor License: The L.A. Cafe is a local favorite with a full liquor license and loyal clientele.; - High-Visibility Corner Lot with Ample Parking: Situated on a corner lot with ample parking.
    (401) 885-5400
    Request Owner's contact information
    245 Washington St West Warwick, RI 02893
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    West Warwick, RI 02893
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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
    245 Washington St West Warwick, RI 02893
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