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Freestanding Storefront
New
For Lease
$28 SF/Yr

1822 Warwick Ave, Warwick, RI 02889

GB zoning includes retail, hospitality, food and beverage, fitness, commercial, and office uses.

Space SizeContact for details
Days on Market2

Property Features for 1822 Warwick Ave

General Information

Standard status Active
Zoning GB

Site & Location

Corner Location Yes
Utilities to Site Yes

Additional Details

Space Use Retail
Flexible Term Yes

Building Details

Year Built 1925
Listing Agency: RI Real Estate Services
Listed By: Michael Russo · License #REB.0018125
Source: Alpernandmesenbourg
Added: Sep 26 Last Checked: Sep 26 at 2:37PM

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 RI Real Estate Services

Investment Insights

Based on property information with market context.

This freestanding storefront was built in 1925 and is currently configured as a hair salon. The corner-lot property has on-site parking and connections to public utilities, including natural gas.

Located at 1822 Warwick Ave in Warwick, the property is offered for lease with base rent plus utilities and a flexible term. GB (General Business) zoning includes retail, hospitality, food and beverage, fitness, commercial, office, and other uses.

Key Highlights

  • Freestanding building on a corner lot
  • Currently configured as a hair salon
  • GB (General Business) zoning includes retail, hospitality, food and beverage, fitness, commercial, and office uses

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Skin Care Clinic Spa & Massage Center Law Firm

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 24% Beauty & Spa 7%
Citizens Bank Shops & Services
11,181 visits/mo 0.5 miles
Shell Shops & Services
7,269 visits/mo 0.4 miles
Seasons Corner Market Shops & Services
5,058 visits/mo 0.4 miles
D'Angelo Grilled Sandwiches Dining
4,808 visits/mo 0.5 miles
Honey Dew Donuts Dining
3,368 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Warwick, RI

$19.49 /SF/Yr
Avg Asking Price
$12.86–$32.14 /SF/Yr
Price Range
2,607 SF
Avg Space Size

This space is priced 44% above the average of $19.49 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Storefront property - GB zoning includes retail, hospitality, food and beverage, fitness, commercial, and office uses.
Where is this storefront property located?
The property is located at 1822 Warwick Ave Warwick, RI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Freestanding building on a corner lot; Currently configured as a hair salon; GB (General Business) zoning includes retail, hospitality, food and beverage, fitness, commercial, and office uses
More about this property
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