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    Investment properties

    1013 Main St, West Warwick, RI 02893-3661

    2,212 SF 0.04 ac lot Built 1900
    Entity Owned 1-yr Hold
    Property ID
    US76-0277882
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 1013 Main Street, West Warwick, RI 02893, presents a lucrative investment opportunity. The 2,212 square foot building, constructed in 1900, sits on a 1,742 square foot corner lot, offering high visibility and excellent street presence. The property features two units: an upper unit currently leased for $1,450 per month, with a reliable tenant consistently paying on time, and a ground-floor commercial space, presently operating as a restaurant. All restaurant equipment is described as state-of-the-art. The building is in great condition and represents a strong, established income stream. The location in West Warwick, within Kent County, is ideal for a variety of businesses, benefiting from high traffic and visibility. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The asking price is $389,000. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. Don't miss out on this chance to own a piece of West Warwick's vibrant commercial landscape. The property is also listed as multi-family under MLS#1372304.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Construction FRAME
    Total area 2,212 SF
    Lot 0.04 ac (1,690 SF)
    Zoning code B
    APN WWAR 003-0001-0-000
    UPID US76-0277882
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Alex Pizza Restaurant
    • Rufino's Pizzeria II Restaurant
    • Ronzio Pizza & Subs Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sbm42 Ak LLC · 1 yrs held
    Sbm42 Ak LLC
    since 2025
    Last sale
    $371,000
    6 recorded transactions
    2025
    $371,000
    2022
    $315,000
    2007
    2007
    $190,000
    2002
    1998
    Zoning & alternative use
    B · West Warwick, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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