Financial
Distress signals
Property profile

400 Providence St West Warwick, RI 02893

FOR SALE
Showrooms
Property ID
US76-0127723
2,160 SF 0.13 ac lot Built 1988
Last sale Oct 2023 · $395,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an established bar/tavern space configured for beverage service, with an in-house bar setup and a small kitchen suited for limited food offerings such as sandwiches and appetizers. Updates include a heating and air conditioning system and a fire alarm system. The premises hold a beer and wine license, and a full liquor license is available as an option. The facility includes on-site parking suitable for patrons.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$178k
Assessed land$56k
Assessed improvement$123k
Effective rate3.14%

Value estimate

· Sep 2026
$520k
$468k – $572k
AI approach$505k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$686
Operating expenses−$6k
NOI · 21.67% cap applied$19k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$150/SF
ZIP average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$71 – $238
Qualifying comparables9

Cap rate analysis

How does the asset earn?
21.67%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B
The purpose of this district is for philanthropic, fraternal, social or educational office, club or meeting, veterinarian, veterinary hos...
General categoryCIVIC_INSTITUTIONAL
JurisdictionWEST WARWICK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.1
Kitchen & Bath11.6
Furniture Store10.4

Location

400 Providence St West Warwick, RI 02893
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20 Providence, West Warwick, RI 02893-3711 $330,000 Feb 2026 2,140 SF
1009 Main, West Warwick, RI 02893-3661 $5,500 May 2025 1,580 SF
199 Providence, West Warwick, RI 02893-2504 $420,000 Jan 2025 2,450 SF
1246 Main, West Warwick, RI 02893-4832 $31,430 Jan 2025 1,680 SF
9 School, West Warwick, RI 02893-5318 $32,500 Sep 2024 1,912 SF
13 Pleasant, West Warwick, RI 02893-5611 $350,000 Mar 2024 1,470 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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