Property profile

1155 Main St West Warwick, RI 02893

OFF-MARKET
Commercial land
Property ID
US76-0163212
0.26 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,690 square foot retail property, located at 1155 Main Street in West Warwick, Rhode Island, presents a compelling investment opportunity. The building, constructed in 2008, is classified as Class B and boasts a highly visible location directly across from the West Warwick town hall and post office, ensuring significant foot traffic and brand exposure. Previously utilized as a pharmacy, the versatile space offers ample room for a variety of retail uses. The property's strategic placement within the B-zoned area of West Warwick, coupled with its modern construction and high traffic count, makes it an ideal location for a thriving business. The asking price for this prime retail space is $1,650,000. The property's address is 1155 Main St, West Warwick, RI 02893. Its convenient location and substantial square footage make it a rare find in the West Warwick market. This is a chance to acquire a well-situated, established building with significant potential for future growth and profitability. The property's size and location offer a strong foundation for a successful retail venture. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.26 ac (11,282 SF)
Zoning code B
APN WWAR 005-0358-0-000
UPID US76-0163212

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Bank Credit Union
  • Pharmacy
  • Pharmacy
  • Pharmacy

Location

1155 Main St West Warwick, RI 02893-4830
West Warwick metro Census 20300 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.61M

Owner & transaction history

since 2025
Last sale
$2.3M
7 recorded transactions
2025
$1.4M
2025
Price N/A
2023
$2.3M
2023
$3.3M
2018
$3.5M
2011
$2.3M
2008
$2.2M

Zoning & alternative use

B · West Warwick, RI
Zoning description

(b) Signs which advertise an activity, business, product or service no longer produced or conducted on the premises upon which the sign is located. No such sign shall remain in place or on vacated premises for more than…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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