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Corner Retail and Office Building
For Sale
$389,900

1689 Warwick Avenue, Warwick, RI 02889

Corner property with pylon and canopy signage, recently updated electric, and space that can be subdivided into three units.

Property Size2,400 SF
Price / SF$77.36
Days on Market82

Property Features for 1689 Warwick Avenue

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 14
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,725

Building Details

Building Size 2,400 SF
Year Built 1959
Buildings 1
Units 1
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Mike Foncellino
Source: Liongatere
Added: Jun 4 Changed: Aug 23 Last Checked: Aug 23 at 5:39AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This well-maintained corner building includes prominent visibility features such as a sign pylon along the street and a canopy sign on the building. The property has new electric, and it was previously used as a paint store. The layout can be subdivided into three separate units, offering flexibility for an owner-operator or a multi-tenant setup.

Located on Warwick Ave near Hoxie 4 Corners, the building benefits from high traffic on the corridor. Its corner lot configuration supports straightforward customer-facing presentation and signage placement.

The current configuration and subdividable design make it suitable for a range of uses, including food service and convenience retail, as well as professional and service options such as office, accounting, legal, medical, and auto parts. Prospective tenants, buyers, and investors should consider the three-unit potential for tailoring occupancy to their specific needs, whether operating one suite or leasing multiple units.

Key Highlights

  • Corner lot commercial building with pylon sign on the street and canopy sign on the building
  • Recently updated electrical system
  • Year built 1959

Property Analytics

Current Use

Lonergan Wallcovering & Paint (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Skin Care Clinic Bakery Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Dining 41% Beauty & Spa 4% Electronics 3%
Speedway Shops & Services
11,605 visits/mo 0.4 miles
Citizens Bank Shops & Services
11,181 visits/mo 0.3 miles
Starbucks Dining
9,920 visits/mo 0.4 miles
Bank of America Shops & Services
6,891 visits/mo 0.3 miles
Five Guys Dining
6,451 visits/mo 0.4 miles

Demographics for 02889, RI

28,277
Population
11,947
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
8.5 sq mi
ZIP Area
3,327
Density / Sq Mi
$85,617
Median Household Income
$50,988
Median Earnings
$1,216
Median Rent
$299,900
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Corner property with pylon and canopy signage, recently updated electric, and space that can be subdivided into three units.
Where is this storefront property located?
The property is located at 1689 Warwick Avenue Warwick, RI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Corner lot commercial building with pylon sign on the street and canopy sign on the building; Recently updated electrical system; Year built 1959
More about this property
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