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Dry Cleaner & Laundry Business
For Sale
$1,350,000

441 Warwick Avenue, Warwick, RI 02885

DRYCLEANER & LAUNDRY (POSSIBLE FOR MAJOR REDEVELOPMENT IN FUTURE)

Property Size3,000 SF
Lot Size0.57 Acres
Price / SF$450
Days on Market397

Property Features for 441 Warwick Avenue

General Information

Standard status Active
Property type Retail residential properties, Mixed-use properties
Size 3,000 SF
Class B
Total Parking Spaces 20
Elevators No
Lot size 0.57 Acres
Sale Condition Redevelopment Project
Investment Type Owner User

Building Details

Buildings 1
Stories 1
Listing Agency:
Listed By: Ming
Added: Jul 12, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This property, currently operating as Ocean State Cleaners, was purpose-built for a dry cleaning and laundry business. The operation features up-to-date equipment using non-perc solvent. The building includes central heat and air, and has sufficient power to operate heavy equipment. All utilities including water, sewer, gas, and electric are available on-site. A digital sign, valued at over $50,000, is located on the property. The commercial real estate, along with two residential lots, and all business assets are being sold as one package. The property is located near major shopping areas and features a high-visibility corner location with easy access. The business has previously provided fabric restoration services for insurance companies. The building size is 3,000 square feet.

Key Highlights

  • The building is near all major shopping plaza.
  • Hi visibility corner location. Easy in and out entrance & exit.

Property Analytics

Current Use

Press Express Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

275
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 37% Superstores 27% Shops & Services 27% Dining 8%
Stop & Shop Groceries
30,382 visits/mo 0.4 miles
Big Lots Superstores
22,403 visits/mo 0.5 miles
7-Eleven Shops & Services
8,778 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,916 visits/mo 0.4 miles
Dollar Tree Shops & Services
5,037 visits/mo 0.5 miles

Demographics for 02885, RI

11,147
Population
5,546
Households
2
Avg Household Size
47
Median Age
36%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
1,798
Density / Sq Mi
$89,722
Median Household Income
$53,980
Median Earnings
$1,253
Median Rent
$363,900
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail residential property - DRYCLEANER & LAUNDRY (POSSIBLE FOR MAJOR REDEVELOPMENT IN FUTURE)
Where is this retail residential property located?
The property is located at 441 Warwick Avenue 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: The building is near all major shopping plaza.; Hi visibility corner location. Easy in and out entrance & exit.
More about this property
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