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Mixed-Use Property with Upper Residential
For Sale
$3,200,000

643 East Avenue, Warwick, RI 02886

Two-building mixed-use property includes first-floor retail, upper residential units, basement executive office spaces, and parking for 20+ cars.

Days on Market109

Property Features for 643 East Avenue

General Information

Standard status Active
Total Parking Spaces 20
Property subtype Commercial

Additional Details

Multifamily Units 14

Building Details

Year Built 1900
Listing Agency: REMAX Revolution
Listed By: Michael Alves
Source: Teridegnan
Added: Apr 13 Changed: Jul 22 Last Checked: Jul 29 at 12:26AM

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 REMAX Revolution

Investment Insights

Based on property information with market context.

This mixed-use property includes a primary building with retail tenants on the first floor, 12 residential units on the upper floors, and multiple executive office tenant spaces in the basement that could be combined into larger office areas.

A second building sits to the rear of the property and is configured as a two-unit multi-family with two bedrooms in each unit. The buildings are on separate lots but are being sold together, with a parking lot between the buildings for over 20 cars. Owner financing is available, and the property is marketed as having a diversified tenant mix across residential, retail, and office space.

Key Highlights

  • Two‑building mixed‑use property at 642 East Ave and 72 Baker St
  • First floor retail with five tenants plus 12 residential units over the upper floors
  • Basement level includes multiple executive office tenant spaces (could be combined into larger office spaces)

Property Analytics

Current Use

WE FIX IT Computer & Electronic Repair DTA Security Service Security Service Roof Tech Solutions Roofing Company Fedelia Roger A Tax Preparation

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 02886, RI

29,373
Population
13,669
Households
2.1
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
1,859
Density / Sq Mi
$91,037
Median Household Income
$52,851
Median Earnings
$1,300
Median Rent
$334,400
Median Home Value

Market

Properties on Market for Mixed-use properties in Warwick

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building mixed-use property includes first-floor retail, upper residential units, basement executive office spaces, and parking for 20+ cars.
Where is this mixed-use property located?
The property is located at 643 East Avenue Warwick, RI.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Two‑building mixed‑use property at 642 East Ave and 72 Baker St; First floor retail with five tenants plus 12 residential units over the upper floors; Basement level includes multiple executive office tenant spaces (could be combined into larger office spaces)
More about this property
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