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    West Warwick, RI
    Medical Premises

    West Warwick, RI Medical Office Space for Sale

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    Warwick, RI Coventry, RI East Greenwich, RI Hope, RI Cranston, RI West Greenwich, RI North Kingstown, RI Johnston, RI
    Restaurant and Medical Office Investment
    Updated: Mar 28
    Restaurant and Medical Office Investment

    923 Main Street, West Warwick, RI 02893

    $895,900
    2,328 sqft
    Profitable restaurant/ice cream business included.
    Two investment properties included.
    Long‑term lease in place with Bay State Physical Therapy.
    Restaurant building has new roof and siding.
    Second building is a large, all‑brick building with a full basement.
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    This listing looks promising.

    Here's a quick look at some key insights for

    923 Main Street, West Warwick, RI 02893

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $583K
      Suggested

    • Last Sold

      Oct 2004
      $225K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1978
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in West Warwick, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Story Office Condominium
    Multi-Story Office Condominium

    33 College Hill #5, Warwick, RI 02886

    $599,900
    6,000 sqft

    Updated, fully occupied office condo with multiple leased floors and dedicated locked basement storage.

    View details
    Two-Story Office Condo Opportunity
    Two-Story Office Condo Opportunity

    5-33 College Hill Rd, Warwick, RI 02886

    $599,900
    6,000 sqft

    Two-story office condominium with remodeled main-level offices, second-floor general office space, and dedicated locked basement storage.

    View details
    Medical Office Suites with Exam Rooms
    Medical Office Suites with Exam Rooms

    5-1090 New London Ave, Cranston, RI 02920

    $159,900
    1,828 sqft

    Dental/medical office offers multiple bright suites, exam rooms, reception, lab room, and ample on-site parking.

    View details
    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    1090 New London Avenue Unit 5, Cranston, RI 02920

    $159,900
    1,828 sqft

    Dental-ready medical space with multiple suites, exam rooms, and secured storage, supported by extensive parking and transit access.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Norwich Commercial Parcel For Sale
    Norwich Commercial Parcel For Sale

    171 Otrobando Ave, Norwich, CT 06360

    $90,000

    Multi-use commercial land parcel in a convenient Norwich location.

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    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details
    6.79 Acres on Merrow Road
    6.79 Acres on Merrow Road

    248 Merrow Rd, Tolland, CT 06084

    $700,000
    996 sqft 6.79 AC lot

    Commercial land with ranch home in technology campus zone.

    View details
    Corner Commercial Land Lot
    Corner Commercial Land Lot

    3280 E Main Street, Waterbury, CT 06705

    $199,000
    0.24 AC lot

    Corner lot zoned CA in Waterbury, offering approvals for a wide range of commercial and service uses.

    View details

    Off-Market Properties in West Warwick, RI

    Consider similar Off-Market properties in West Warwick, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1542 Main St
    Office Units

    1542 Main St, West Warwick, RI 02893

    Value Estimation by Request
    6,038 sqft
    View details

    West Warwick, RI Medical Office Space Market Trends and Statistics

    Explore 2 medical office space for sale in West Warwick, RI on our real estate platform. These investment opportunities span a total of 2,328 square feet of properties for sale, with an estimated market value of $895,900.

    Sale prices for medical spaces in West Warwick, RI average $895,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 10
    Medical Office Space 6
    Office buildings 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +6.4%
    Median Household Income $73,903
    College Educated 33.5%

    High-Yield Neighborhoods for Investment

    Identify West Warwick submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02893 $895.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.10%
    Property Tax per SF $31.33 per SF
    Tax Rate vs County Average 0.59 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Residential Income

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