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Operating Restaurant with Basement
For Sale
$725,000

1278 Post Road, Warwick, RI 02888

Commercial/Business,Commercial Sale, Warwick, RI

Property SizeContact for details
Lot Size0.38 Acres
Days on Market55

Property Features for 1278 Post Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning GB
Rooms Basement
Parking 28
Interior features Ceiling Height (9 to 12 Ft)
Basement Full
Subdivision Norwood
Lot features Paved, Free Standing, Suburban
Standard status Active
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7072

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Other (Cooling), Central Air

Building Details

Year built 1955
Floors in Building 1
Building materials Brick, Masonry
Listing Agency: Circle 100 Real Estate
Listed By: Shuman Hsia
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 29 at 7:06AM
MLS# 1417105

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 operating restaurant property includes approximately 2,000 SF of open first-floor space with an easy-flow layout and seating for 70. A full basement adds another 2,000 SF for storage and support functions. The property includes a liquor license, brick and masonry construction, forced-air heating, central air, and a public sewer connection.

The 0.38-acre double lot provides 28 parking spaces. Located on Post Road in Warwick’s Norwood area, the property offers access to I-95 and I-295 and is approximately five minutes from TF Green International Airport. The building was constructed in 1955 and is zoned GB.

Key Highlights

  • Operating Chinese restaurant with liquor license in place since 1974
  • Approximately 2,000 SF of first‑floor restaurant space
  • Full basement adds approximately 2,000 SF of storage space

Property Analytics

Current Use

China Sea Restaurant

Suggested Use

Top Pick Bakery Cafe & Coffee Shop Butcher (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

915
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 88% Dining 9% Home Improvements & Furnishings 3%
Cumberland Farms Shops & Services
22,185 visits/mo 0.4 miles
Speedway Shops & Services
8,468 visits/mo 0.4 miles
Family Dollar Shops & Services
6,547 visits/mo 0.4 miles
Balise Toyota Of Warwick Shops & Services
5,627 visits/mo 0.1 miles
My Favorite Muffin Dining
4,833 visits/mo 0.4 miles

Demographics for 02888, RI

19,578
Population
9,117
Households
2.1
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
5.9 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$55,561
Median Earnings
$1,218
Median Rent
$318,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property includes a full basement, liquor license, and on-site parking.
Where is this conventional restaurant located?
The property is located at 1278 Post Road Warwick, RI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Operating Chinese restaurant with liquor license in place since 1974; Approximately 2,000 SF of first‑floor restaurant space; Full basement adds approximately 2,000 SF of storage space
More about this property
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