1709 Warwick Avenue, Warwick, RI 02889
- Added:
- Jun 1, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 12 at 5:06 pm
Property Features for 1709 Warwick Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 18
- Security features
- Security Lighting
- Interior features
- Ceiling Height (7 to 9 Ft)
- Standard status
- Active
- Size
- 960 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2445
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick, Masonry
Listing agent Joellen Wunner (401) 845-9200
Listing office Keller Williams Coastal 501 Centerville Rd- Suite 201, Middletown, RI (401) 845-9200
Listing date Jun 1, 2026
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.
HighLights
- Corner storefront on Omaha and Warwick Ave with windowed frontage for display and natural light
- Signage on Warwick Ave is lit up at night; traffic count over 20,000 cars per day (per remarks)
- 18 parking spots plus on‑street parking on the side road, with a bus stop on the street
- 400+ amp electric panel with forced air natural gas heat and wall unit A/C
- Updated 1/2 bathroom; fire code in compliance
- Ceiling height 7 to 9 ft; brick/masonry construction; year built 1979
Overview
The property sits on a corner along Warwick Avenue with prominent signage that is lit at night. Public remarks also reference vehicle traffic exceeding 20,000 cars per day and a bus stop located on the street for convenience. Parking is available with 18 dedicated spots plus additional on-street parking on the side road.
This configuration suits office users who value frontage visibility and straightforward access for staff and visitors. With its updated half-bath, maintained building systems, and on-site parking, the suite can be a practical fit for professional services and other office-based operations looking for a commercially positioned space.
Local Financial Insights For Office B
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 | $19.8k | $20.64 |
| − Vacancy | −$4.1k | −$4.27 |
| EGI | $15.7k | $16.37 |
| − OpEx | −$3.9k | −$4.09 |
| NOI | $11.8k | $12.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.406572
- Latitude
- 41.730095
