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Warwick Corner Lot Opportunity
For Sale
$1,350,000

1593 Centerville Road, Warwick, RI 02886

Mixed-use property with restaurant, parking, and residential units.

Property Size2,034 SF
Lot Size0.13 Acres
Price / SF$663.72
Days on Market245

Property Features for 1593 Centerville Road

General Information

Standard status Active
Size 2,034 SF
Total Parking Spaces 30
Lot size 0.13 Acres
Property subtype Commercial
Zoning A&

Taxes and HOA fees

Annual Taxes $9,710

Building Details

Year Built 1950
Buildings 2
Stories 2
Listing Agency: Regal Commercial Real Estate
Listed By: Michael Lefrancois
Source: Liongatere
Added: Dec 9, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regal Commercial Real Estate

Investment Insights

Based on property information with market context.

The property located at 1593-1595 Centerville Road and New London Avenue in Warwick, Rhode Island, consists of three separate parcels. The New London Avenue parcel, identified as M:251 L:100, spans 0.13 acres and currently functions as a parking area for 1593 Centerville Road. The 1593 Centerville Road parcel features a former bar/restaurant with 2,034 square feet of above-grade area and a 1,473-square-foot basement. Additionally, 1585 Centerville Road includes a two-unit residential building, with each unit offering one bedroom and one bathroom, totaling approximately 1,704 square feet and a 1,004-square-foot basement. This corner lot is situated at the intersection of Centerville Road and New London Avenue.

Key Highlights

  • Corner lot location at the intersection of Centerville Road and New London Avenue.
  • Includes three separate parcels.
  • Former bar/restaurant building with 2,034 sq.ft above grade and a 1,473 sq.ft basement.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Spa & Massage Center Parking Lot & Garage Dental Office Skin Care Clinic Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1,212
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02886, RI

29,373
Population
13,669
Households
2.1
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
1,859
Density / Sq Mi
$91,037
Median Household Income
$52,851
Median Earnings
$1,300
Median Rent
$334,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Similar Off Market Nearby

  • Valley Country Club 251 New London Ave, Warwick, RI 02886
  • Bee’s Mobile Bartending LLC Mobile Location, West Warwick, RI 02893
  • Boneheads Wing Bar 131 Washington St, West Warwick, RI 02893
  • Borowski's Cafe 1626 Main St, West Warwick, RI 02893
  • Hour Bar 1193 Main St, West Warwick, RI 02893

Frequently Asked Questions

What type of property is this?
Bar & Pub - Mixed-use property with restaurant, parking, and residential units.
Where is this bar & pub located?
The property is located at 1593 Centerville Road Warwick, RI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Corner lot location at the intersection of Centerville Road and New London Avenue.; Includes three separate parcels.; Former bar/restaurant building with **2,034 sq.ft above grade** and a 1,473 sq.ft basement.
More about this property
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