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

    270 Post Rd Warwick, RI 02888

    Sponsored
    For Sale
    $2,599,000

    Prime Warwick location, 48-unit condo development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a fully approved 48-unit condominium complex situated on a generous 5.78-acre lot at 270 Post Road in Warwick, Rhode Island. Priced at $2,599,000, this solid brick building offers significant potential for a savvy developer. While requiring a complete interior build-out, the foundation is strong, with a recently installed roof (2020). The unit mix is well-diversified, including five studio units, five two-bedroom units, and thirty-eight one-bedroom units, catering to a broad range of potential residents. Detailed parking plans and layouts are readily available for review, providing a clear vision for the project's completion. This property represents a unique chance to capitalize on the strong demand for residential units in Warwick, transforming a solid structure into a thriving community. The substantial lot size offers ample space for future expansion or amenity additions, further enhancing the property's value and appeal. The approved plans streamline the development process, minimizing delays and maximizing return on investment. This is an exceptional opportunity for an investor seeking a high-yield project with significant upside potential. Don't miss this chance to acquire a prime piece of Warwick real estate.

    Property Features for 270 Post Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    251,777 SF

    Building Details

    Year Built
    1967
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -71.39908
    Latitude
    41.76183

    Nearby Similar for Sale

    • $550,000
      Pending

      Two Homes on One Lot

      Residential opportunity with two homes on one lot in Warwick.
      403 Commonwealth Ave, Warwick, RI 02886
      View Details
    • $750,000
      0.30 Acres

      Warwick Neck Multi-Family with Carriage

      Well-maintained three-family with renovated carriage house in desirable Warwick Neck.
      357 Warwick Neck Ave, Warwick, RI 02889
      View Details
    • New
      $579,900
      0.32 Acres

      Mixed-Use Property with Income Potential

      Mixed-use property with commercial space, residence, and development potential.
      1020 Warwick Ave, Warwick, RI 02888
      View Details
    • New
      $579,900
      0.32 Acres

      Mixed-Use Property with Development Potential

      Live, work, and invest in this versatile Warwick property.
      1020 Warwick Ave, Warwick, RI 02888
      View Details
    • $799,900
      0.44 Acres

      Mixed-Use Property in Warwick, RI

      Updated mixed-use property with residential and commercial spaces in Warwick.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • Contact for pricing
      0.98 Acres

      Warwick Commercial Opportunity on Sandy

      7,870 sq ft commercial space on a 0.98-acre lot.
      449 Sandy Ln, Warwick, RI 02889
      View Details
    • $1,400,000
      0.98 Acres

      Warwick Commercial Opportunity on Sandy

      7,870 sq ft commercial space on a 0.98-acre corner lot.
      449 Sandy Ln, Warwick, RI 02889
      View Details
    • $799,900
      0.44 Acres

      Unique Warwick Mixed-Use Property

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

      Updated Multi-Family Home in Warwick

      Updated multi-family in Apponaug with strong rental history.
      84 Spruce St, Warwick, RI 02886
      View Details
    • $500,000
      0.11 Acres

      Versatile Multifamily Property Near Beach

      Two detached homes on one lot, near Oakland Beach.
      141 Brush Neck Ave, Warwick, RI 02889
      View Details
    • $539,000
      0.12 Acres

      Professional Office/Retail Building on Post Road

      Well-maintained office/retail building in Warwick, near TF Green Airport.
      1923 Post Rd, Warwick, RI 02886
      View Details
    • $379,900
      0.07 Acres

      Warwick Avenue Commercial Building

      Free-standing, renovated commercial building with retail opportunity on busy avenue.
      1692 Warwick Ave, Warwick, RI 02889
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Warwick location, 48-unit condo development opportunity.
    Where is this commercial real estate located?
    The property is located at 270 Post Rd Warwick, RI.
    What is the asking price?
    The asking price for this property is $2,599,000.
    (401) 884-6050
    Request Owner's contact information
    270 Post Rd 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.
    270 Post Rd
    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
    270 Post Rd 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.