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    188 Airport Rd Rd Warwick, RI 02889
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    Property profile & analytics

    188 Airport Rd Rd, Warwick, RI 02889

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    • Retail properties & Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 188 Airport Rd Rd

    Year built
    1947
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional Warwick, Rhode Island mixed-use property presents a unique investment opportunity. Situated on a 12,197 sq ft lot at the corner of Airport Road and Unity Court, this property comprises two buildings totaling 2 units. The first is a charming 1947-built, two-story residential building featuring two bedrooms, two and a half bathrooms, and a finished basement. The main level boasts a living area with fireplace, dining room, kitchen, and bathroom, while the upper level houses the bedrooms and a full bath. A lower-level living area includes a fireplace and a full bathroom with a sauna. Amenities include central air conditioning, a two-car garage, and hardwood floors throughout. Attached, but separately accessed, is a 2,560 sq ft office building, offering three distinct office units. The second floor comprises a single 1,280 sq ft unit with a conference room, private offices, and bathrooms. The ground floor is divided into two 640 sq ft units. The property's prime location and versatile configuration offer potential for continued mixed-use operation or conversion of the office space into additional residential units. Asking price is $889,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.414
    Latitude
    41.733
    More about this property
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