1689 Warwick, Warwick, RI 02889
Retail space with potential for multiple units and storage.
- Added:
- Jan 6, 2026
- Days on Market:
- 157
- Last Refresh:
- Apr 5 at 9:17 pm
Property Features for 1689 Warwick
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.15 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing agent JACK SILBERMAN
Listing office BLUE STAR PROPERTIES (401) 578-4648
Listing date Jan 6, 2026
Source Corcoran
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 BLUE STAR PROPERTIES
HighLights
- Retail investment opportunity in Warwick.
- Potential for owner‑occupancy or investment.
- Easily divisible into 2 or 3 separate units.
- Each potential unit has its own entrance, retail window, bathroom, and back door.
- Features great signage.
- Additional 2400 sq ft of shared/divisible basement storage.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $18.96 |
| − Vacancy | −$1.2k | −$0.49 |
| EGI | $44.3k | $18.47 |
| − OpEx | −$13.3k | −$5.54 |
| NOI | $31.0k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4067
- Latitude
- 41.7304
