Property summary
This exceptional commercial property, located at 1237 Main Street in West Warwick, Rhode Island, presents a unique investment opportunity. The 23,000 square foot building, constructed in 1949, boasts a prime location with Main Street frontage in the Arctic Design Control District (ADCD). Currently, a national tenant, Rent-A-Center, occupies approximately 6,000 square feet, generating $52,800 in annual gross rental income. The remaining 17,000 square feet of net rentable space is available… for lease, offering significant potential for increased revenue. This space is distributed across the lower level, first floor, and second floor. The property sits on a 0.26-acre lot and includes convenient on-site rear parking. Its high visibility and established tenant base make this a compelling investment in a thriving Rhode Island market. The property is classified as Class C and zoned for commercial use within the ADCD. This presents a rare chance to acquire a well-situated, income-producing property with substantial upside potential. The asking price for this remarkable opportunity is $685,000. Detailed financial information is available upon request.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
The purpose of this district is for philanthropic, fraternal, social or educational office, club or meeting, veterinarian, veterinary hospital, commercial greenhouse
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight