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    Warwick Light Industrial Zoned Property Title is generated by Realmo AI

    46 Warwick Industrial Drive, Warwick, RI 02886

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    For Sale
    $2,600,000

    31,000+ sq. ft. building on one acre in Warwick.

    Type:Commercial
    Property size:
    31,216 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $83/SF
    Added:
    Mar 25, 2026
    Days on Market:
    81
    Last Refresh:
    Apr 25 at 6:19 am

    Property Features for 46 Warwick Industrial Drive

    General Information

    Standard status
    Active
    Size
    31,216 SF
    Lot size
    1.00 Acre
    Property subtype
    Commercial

    Building Details

    Year Built
    1988

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    Listing Contact
    Kimberly Capirchio

    Listing agent Kimberly Capirchio

    Listing office Coldwell Banker Realty

    Listing date Mar 25, 2026

    Source Liongatere

    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

    HighLights

    • Prime location near T.F. Green Airport and major transportation routes.
    • 31,000+ sq. ft. building on over one acre.
    • Light Industrial Zoning suitable for manufacturing, processing, storage, and distribution.
    • Configured as two separate spaces (10,000 sq. ft. and 21,216 sq. ft.) with independent functionality.
    • Each space includes dedicated office areas, mini‑kitchens, restrooms, oversized garage doors, and loading docks.
    • Flexible layout allows for independent use or combination into one expansive facility.

    Overview

    This property is a light industrial zoned building in Warwick, Rhode Island. The building has over 31,000 square feet of space and is situated on over one acre. It is located in a desirable area and is close to T.F. Green Airport and major transportation routes. This location is suitable for light manufacturing, processing, storage, and distribution. The building is configured into two separate spaces, one approximately 10,000 sq. ft. and the other approximately 21,216 sq. ft. Each space includes dedicated office areas, mini-kitchens, restrooms, oversized garage doors, and loading docks. The spaces can function independently or be combined into one expansive facility, offering flexibility for a variety of operational needs. The property's strategic location, substantial square footage, and adaptable layout make it suitable for investors or owner-occupants seeking a high-value light industrial asset.

    Local Financial Insights For Warehouse

    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 $187.3k $6.00
    − Vacancy −$8.4k −$0.27
    EGI $178.9k $5.73
    − OpEx −$26.8k −$0.86
    NOI $152.0k $4.87
    31,216 SF · lease $6.00/SF/yr · vacancy 4.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.17M
    $1.90M – $2.53M (±1% cap)
    NOI $152,038 @ 7.0% cap · market cap 5.85%
    Second Best
    Industrial
    $2.07M
    $1.82M – $2.42M (±1% cap)
    NOI $145,241 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Specialty Retail
    $7.82M
    $6.84M – $9.12M (±1% cap)
    NOI $547,279 @ 7.0% cap · market cap 21.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Brada Manufacturing Industrial Manufacturer Motion Conveyance Solutions Clothing & Fashion Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4238423
    Latitude
    41.7174623

    FAQs

    What type of property is this?
    Manufacturing property - 31,000+ sq. ft. building on one acre in Warwick.
    Where is this manufacturing property located?
    The property is located at 46 Warwick Industrial Drive Warwick, RI.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Prime location near T.F. Green Airport and major transportation routes.; 31,000+ sq. ft. building on over one acre.; Light Industrial Zoning suitable for manufacturing, processing, storage, and distribution.
    More about this property
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