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    469 Centerville Rd Warwick, RI 02886

    Sponsored
    For Sale
    $299,900

    Two-story office condo, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office condominium, located at 469 Centerville Road in Warwick, Rhode Island, presents a fantastic investment opportunity. Priced at $299,900, this property boasts a prime location with convenient access to I-95 and proximity to Kent County Hospital. The building, constructed in 1985, comprises one building with two stories and features a total of 2400+ square feet on the first floor. The space was previously used as a dental office and is comprised of two combined units. Accessibility is ensured with handicapped access on the first floor. Ample parking is available in the large on-site lot, complemented by well-maintained landscaping. Significant recent improvements include a new roof and complete exterior restoration and painting, all finished in 2023. The property's versatile layout makes it suitable for a wide range of businesses, including general business, professional services, medical practices, or dental offices. The lot size is not specified. This is a rare opportunity to acquire a well-maintained, updated office condominium in a highly desirable location. The zip code is 02886.

    Property Features for 469 Centerville Rd

    General Information

    Property type
    Medical offices

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $299,900 asking price.
    • 1‑unit, 2‑story office condominium building on 0 sq ft lot.
    • Located at 469 Centerville Rd, Warwick, RI 02886, offering easy I‑95 access and proximity to Kent County Hospital.
    • Features approximately 2400 sq ft of space on the first floor, including handicapped access, ample parking, and mature landscaping.
    • Recently renovated with a new roof and complete exterior restoration and painting (2023).
    • Suitable for various uses including general business, professional, medical, or dental offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hard Money Lenders ... Mortgage Lender Law Offices Of David ... Attorney Accetturo Joseph P Attorney Merolla Steven B Attorney Jessica Reis-Driscoll Social Worker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4786842
    Latitude
    41.6985565

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    FAQs

    What type of property is this?
    Medical office - Two-story office condo, ideal for various uses.
    Where is this medical office located?
    The property is located at 469 Centerville Rd Warwick, RI.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: $299,900 asking price.; 1-unit, 2-story office condominium building on 0 sq ft lot.; Located at 469 Centerville Rd, Warwick, RI 02886, offering easy I-95 access and proximity to Kent County Hospital.
    Request Owner's contact information
    469 Centerville Rd Warwick, RI 02886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    469 Centerville Rd Warwick, RI 02886
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