Medical Building Investment
For Sale
Contact for pricing
1050 Warwick AV Warwick Avenue, Warwick, RI 02888
Two-story medical building with expansion potential and ample parking.
Property Size7,751 SF
Lot Size0.75 Acres
Price / SF$109.65
Days on Market911
Property Features for 1050 Warwick AV Warwick Avenue
General Information
Standard status
Active
Size
7,751 SF
Total Parking Spaces
75
Lot size
0.75 Acres
Property subtype
Land, Office, Special Purpose
Building Details
Year Built
1980
Buildings
1
Listing Agency:
Century 21 The Seyboth Team
Listed By:
John Ruginski
Source:
Crexi
Added: Feb 23, 2024
Changed: Aug 8
Last Checked: Aug 21 at 4:08PM
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 Century 21 The Seyboth Team
Investment Insights
Based on property information with market context.
This is an investment opportunity to acquire a stand-alone medical building. The two-story professional building has 7,751 square feet of space and is situated on a 32,844 square foot corner lot. It features 90 feet of frontage on Warwick Avenue, with additional access from Waldron Avenue. The property includes parking for 75 vehicles. Current tenants include established physician specialists and medical testing labs, with leases totaling $9,900 per month. The unfinished second floor offers approximately 2,200 square feet for future expansion. The entire building has potential for residential conversion. The property is located 4 miles from T. F. Green International Airport and 6 miles from Providence, with convenient access to Interstate 95 and all major highways. The property is located at 1050 Warwick AV Warwick Avenue, Warwick, RI 02888.
Key Highlights
- Ideally located stand‑alone medical building with tremendous on‑site parking for 75 vehicles.
- High‑visibility corner lot location with 90 feet of frontage on Warwick Ave.
- Current leases generate $9,900 per month from established medical tenants.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02888, RI
19,578
Population
9,117
Households
2.1
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
5.9 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$55,561
Median Earnings
$1,218
Median Rent
$318,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story medical building with expansion potential and ample parking.
Where is this medical office space located?
The property is located at 1050 Warwick AV Warwick Avenue Warwick, RI.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Ideally located stand‑alone medical building with tremendous on‑site parking for 75 vehicles.; High‑visibility corner lot location with 90 feet of frontage on Warwick Ave.; Current leases generate $9,900 per month from established medical tenants.
