Property profile

33 Alfred St Warwick, RI 02889

OFF-MARKET
Showrooms
Property ID
US76-0139833
2,310 SF 0.17 ac lot Built 1965
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This unique 7,405 square foot commercial property in Warwick, Rhode Island, presents a compelling investment opportunity. Located at 33 Alfred Street, 02889, this mixed-use building seamlessly blends office and warehouse functionality. Built in 1965, the single building comprises a substantial warehouse/workshop area, complemented by a multi-room office space ideal for administrative functions. The warehouse features a valuable mezzanine level, providing additional storage capacity. Accessibility is enhanced by a convenient handicap-accessible design. Ample parking is available on-site, catering to both employees and clients. The property's strategic location offers easy access to major highways, ensuring efficient transportation and logistics. The property is offered at $599,900 and is described as "turn-key," suggesting immediate occupancy and operational readiness. This versatile property is suitable for a variety of commercial uses, making it an attractive option for businesses seeking a blend of office and warehouse space in a convenient location. The property is situated in Kent County, Rhode Island.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,310 SF
Lot 0.17 ac (7,405 SF)
Zoning code GB
APN WARW M:349 B:0145 L:0000
UPID US76-0139833

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
  • General Contractor

Location

33 Alfred St Warwick, RI 02889-8004
Warwick metro Census 21902 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2026
7 recorded transactions
2026
$465,000
2014
Price N/A
2012
$200,000
2004
Price N/A
2003
$130,000
2002
$106,000
2000
Price N/A

Zoning & alternative use

GB · Warwick, RI
Zoning description

A-10, A-7, O, WB, GB, LI, GI. 200.108. Nightclub. A retail establishment that stays open late at night and provides food, beverages and entertainment, but shall not include adult entertainment. 200.109. Nonconformance. A…

General category COMMERCIAL

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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