Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1277 Jefferson Blvd Warwick, RI 02886

    For Sale
    $499,000

    Warwick, RI: Multi-use Commercial Building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Warwick, RI commercial property, located at 1277 Jefferson Boulevard, presents a unique investment opportunity. The property encompasses a substantial 11,136 square foot lot and features a single, updated building constructed in 1977. The main structure offers approximately 5,000 square feet of space, thoughtfully divided into four very spacious offices, each boasting newly installed flooring, paint, and electrical systems. These offices are currently fully leased, providing immediate rental income and diverse usage potential. A fifth unit, a one-bedroom caretaker's apartment with a private entrance, is also included. Adding to the income stream, a fully rented trailer is part of the sale. The property's zoning allows for potential conversion into condominiums, offering further investment flexibility. The attractive corner lot provides ample space for expansion, additional parking, or building additions. Its convenient location near the airport and major highways ensures excellent accessibility and high visibility. The asking price for this multi-faceted property is $499,000. This is a rare opportunity to acquire a well-maintained, income-producing commercial property with significant upside potential in a desirable Rhode Island location. The property consists of six total units.

    Property Features for 1277 Jefferson Blvd

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1977
    Buildings
    1
    Units
    6
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicole Dowding Photography Photographer KL Photography Photographer Jen Cole Enterprises Real Estate Agency Flauss Jennifer B Counselor

    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
    -71.4486977
    Latitude
    41.7141925

    Nearby Similar for Sale

    • $425,000
      1,536 SF

      Warwick Two-Family Home with Updates

      Well-maintained two-family home in Warwick's Greenwood neighborhood.
      106 Palace Ave, Warwick, RI 02886
      View Details
    • $550,000
      Pending

      Two Homes on One Lot

      Two homes on one lot, great location, tons of potential!
      403 Commonwealth Ave, Warwick, RI 02886
      View Details
    • $799,900
      4,271 SF

      Unique Mixed-Use Property in Warwick

      Updated live/work property with residential and commercial spaces in Warwick.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • $799,900
      2,548 SF

      Updated Mixed-Use Property, Warwick RI

      Updated mixed-use property with residential and commercial spaces in Warwick.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • $625,000
      4,124 SF

      Updated Multifamily Home in Warwick

      Updated multifamily home with strong rental history and convenient location.
      84 Spruce St, Warwick, RI 02886
      View Details
    • $500,000
      2,436 SF

      Two Detached Homes on One Lot

      Versatile property with two homes, ideal for investors or families.
      141 Brush Neck Ave, Warwick, RI 02889
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Warwick, RI: Multi-use Commercial Building
    Where is this individual retail property located?
    The property is located at 1277 Jefferson Blvd Warwick, RI.
    What is the asking price?
    The asking price for this property is $499,000.
    Request Owner's contact information
    1277 Jefferson Blvd Warwick, RI 02886
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1277 Jefferson Blvd
    Warwick, RI 02886
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1277 Jefferson Blvd Warwick, RI 02886
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.