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    400 Warwick Ave Warwick, RI 02888

    For Sale
    $2,500,000

    Fully leased shopping center with upside potential on Warwick Avenue.

    Lot size:
    2.08 Acres

    Property Features for 400 Warwick Ave

    General Information

    Lot size
    2.08 Acres

    Source: Abbott Properties, LLC Agent Karen Catuogno

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warwick Avenue Shopping Center For Sale

    This shopping center is located on Warwick Avenue. The property features a total of 22 units distributed across three buildings, situated on a 2-acre parcel. The property is fully leased, with current leases below market value, presenting a potential upside opportunity for a new owner. The location provides convenient access to Post Road and Route 95 via Park Avenue.
    Insight Report Location Intelligence

    Current Use by Public Records

    Glo The Makeup Lounge Beauty Salon grow with us ... Garden Center Danceology Dance School Griffin Glass Tools Artist

    Suggested Use

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

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

    Similar Places Nearby

    Bald Hill Plaza, 1000 Bald Hill Road, Summit Square, Warwick Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4043763
    Latitude
    41.7652074

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    FAQs

    What type of property is this?
    Shopping center - Fully leased shopping center with upside potential on Warwick Avenue.
    Where is this shopping center located?
    The property is located at 400 Warwick Ave Warwick, RI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Fully leased shopping center provides immediate income.; - Below market value leases offer significant upside potential.; - Prime location on busy Warwick Avenue.
    (401) 363-8888
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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
    400 Warwick Ave Warwick, RI 02888
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