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

    770 Main St Main St West Warwick, RI 02893

    For Sale
    $2,850,000

    Industrial Warehouse, High Traffic Area, RI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial warehouse property, located at 770 Main Street in West Warwick, Rhode Island, presents a compelling investment or owner-occupant opportunity. The property boasts a substantial 38,800 square foot lot and a single building constructed in 1900. Currently, the first floor houses a fully operational business generating positive cash flow. The second floor is partially occupied, with 50% utilized by the first-floor tenant and the remaining 50% leased for storage to another business. This indicates a strong existing rental income stream. The property is being offered as-is. Its prime location on Main Street ensures high visibility and significant traffic, making it an ideal location for a variety of commercial uses. The zip code is 02893, and the property is situated in Kent County. This presents a rare chance to acquire a well-situated, income-producing industrial property in a thriving Rhode Island market. The asking price for this substantial property is $2,850,000. Serious inquiries are encouraged. The property is zoned for commercial and warehouse use. No units are included in the sale.

    Property Features for 770 Main St Main St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1900
    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    West Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5307249
    Latitude
    41.721126

    Nearby Similar for Sale

    • $489,000
      0.35 Acres

      Well-Maintained West Warwick Multi-Family

      Two-family property on a quiet street with expansion potential.
      25 Eddy St, West Warwick, RI 02893
      View Details
    • New
      $659,900
      0.36 Acres

      West Warwick Multi-Family Home

      Charming multi-family home with barn near Valley Country Club.
      12 Earl St, West Warwick, RI 02893
      View Details
    • New
      $529,999
      Pending

      Updated Two-Family Home

      Turn-key two-family home with income potential in West Warwick.
      40 Greenwich Ave, West Warwick, RI 02893
      View Details
    • New
      $439,900
      0.17 Acres

      West Warwick Multifamily Property

      Legal two-family residential property with updated units and modern finishes.
      1060 Main St, West Warwick, RI 02893
      View Details
    • $559,900
      3,080 SF

      West Warwick Triplex Investment Opportunity

      Triplex with strong income potential near shopping and highways.
      10 Grove St, West Warwick, RI 02893
      View Details
    • New
      $1,820,000
      0.19 Acres

      Turn-Key 12-Unit Investment Property

      Well-maintained 12-unit residential property in West Warwick, Rhode Island.
      212 Washington St, West Warwick, RI 02893
      View Details

    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse, High Traffic Area, RI
    Where is this distribution property located?
    The property is located at 770 Main St Main St West Warwick, RI.
    What is the asking price?
    The asking price for this property is $2,850,000.
    Request Owner's contact information
    770 Main St Main St West Warwick, RI 02893
    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.
    770 Main St Main St
    West Warwick, RI 02893
    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
    770 Main St Main St West Warwick, RI 02893
    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.