Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8 Perry Ave Warwick, RI 02888

    For Sale
    $590,000

    Versatile Shop/Garage, 3760 sq ft, 0.2 acres

    Property size:
    3,760 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3,760-square-foot commercial building is situated on a highly visible 0.2-acre corner lot in Warwick, Rhode Island's Norwood section. Currently configured as an auto repair shop, this property presents a wealth of possibilities for a variety of commercial uses, including but not limited to auto detailing, equipment servicing, or other industrial service-based businesses. The building features a convenient garage door for easy access and a durable tar and gravel roof, ensuring longevity and practicality. Its prime corner location offers unparalleled visibility and accessibility, attracting significant foot and vehicle traffic. The property's versatility allows for customization to suit diverse commercial needs. Existing equipment is negotiable, presenting a turnkey opportunity for a prospective buyer seeking immediate operational readiness. This represents a rare chance to acquire a well-maintained commercial space in a thriving area of Warwick, offering both immediate usability and significant long-term potential. The asking price is $590,000. This property is ready for its next chapter.

    Property Features for 8 Perry Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,760 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1943
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.42358
    Latitude
    41.7497

    Nearby Similar for Sale

    • $425,000
      1,536 SF

      Warwick Two-Family Home with Updates

      Well-maintained two-family home in Warwick's Greenwood neighborhood.
      106 Palace Ave, Warwick, RI 02886
      View Details
    • $550,000
      Pending

      Two Homes on One Lot

      Two homes on one lot, great location, tons of potential!
      403 Commonwealth Ave, Warwick, RI 02886
      View Details
    • $799,900
      4,271 SF

      Unique Mixed-Use Property in Warwick

      Updated live/work property with residential and commercial spaces in Warwick.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • $799,900
      2,548 SF

      Updated Mixed-Use Property, Warwick RI

      Updated mixed-use property with residential and commercial spaces in Warwick.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • $625,000
      4,124 SF

      Updated Multifamily Home in Warwick

      Updated multifamily home with strong rental history and convenient location.
      84 Spruce St, Warwick, RI 02886
      View Details
    • $500,000
      2,436 SF

      Two Detached Homes on One Lot

      Versatile property with two homes, ideal for investors or families.
      141 Brush Neck Ave, Warwick, RI 02889
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Versatile Shop/Garage, 3760 sq ft, 0.2 acres
    Where is this commercial real estate located?
    The property is located at 8 Perry Ave Warwick, RI.
    What is the asking price?
    The asking price for this property is $590,000.
    (401) 454-1300
    Request Owner's contact information
    8 Perry Ave Warwick, RI 02888
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8 Perry Ave
    Warwick, RI 02888
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8 Perry Ave Warwick, RI 02888
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.