1237 Main St, West Warwick, RI 02893-4861
- Showrooms
- 15,616 SF
- 0.25 lot acres
Current Use by Public Records
- Rent-A-Center / Furniture & Home Goods / Home Decor Store
Property Details for 1237 Main St
- Year built
- 1949
- Construction
- FRAME
- Lot size
- 0.25 lot acres
- Zone code
- B
- Property type
- Showrooms
- APN
- WWAR 005-0015-0-000
- APU
- WWAR00500150000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 8, 2010 | — | N&m Prop LLC | — | Deed Of Trust · related | $315k · Greenwood Cu |
| Mar 23, 2007 | $250,000 | N&m Prop LLC | Senerchia,robert N | Grant Deed | $250k · Greenwood Cu |
| Aug 1, 2002 | — | N Properties | — | Deed Of Trust · related | $300k · Greenwood Cu |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $525,000
- ML approach
- $555,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5245
- Latitude
- 41.7047
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
