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    2283 Post Rd Warwick, RI 02886

    Sponsored
    For Sale
    Contact for pricing

    Established eatery, high traffic, turnkey operation.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 2283 Post Road, Warwick, RI 02886 presents a unique investment opportunity. The 12,197 square foot lot houses a single-story, 1962-built building currently operating as a well-established restaurant. Boasting approximately 60 seats and 22 TVs, the space is ideally suited for dine-in, takeout, and catering services. The versatile layout could also accommodate a bar, QSR, or ice cream shop. A complete renovation was finished just six months ago, ensuring the property is in excellent condition. All equipment and inventory are included in the sale, making this a true turnkey operation. Onsite parking is available for customers. A current lease is in place with 3.5 years remaining, and the seller is willing to contribute towards the lease payments to reduce the buyer's financial burden. This high-visibility location in a high-traffic area guarantees a steady cash flow and established clientele, making it an ideal investment for an aspiring restaurateur. The property is zoned for commercial use.

    Property Features for 2283 Post Rd

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1962
    Buildings
    1
    Stories
    1

    HighLights

    • $9,999.99 asking price.
    • 12,197 SF land parcel in Warwick, RI.
    • Established restaurant business for sale, high traffic area.
    • 60‑seat restaurant with equipment and inventory included; turnkey operation.
    • Current lease with 3.5 years remaining; seller financing possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    All Star Subs Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4430156
    Latitude
    41.7199877

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    FAQs

    What type of property is this?
    Individual retail property - Established eatery, high traffic, turnkey operation.
    Where is this individual retail property located?
    The property is located at 2283 Post Rd Warwick, RI.
    What is the asking price?
    The asking price for this property is $9,999.
    What are key features of this property?
    This property features: $9,999.99 asking price.; 12,197 SF land parcel in Warwick, RI.; Established restaurant business for sale, high traffic area.
    Request Owner's contact information
    2283 Post 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
    2283 Post Rd Warwick, RI 02886
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