For Sale
1 / 47
Property summary
This exceptional mixed-use property in West Warwick, Rhode Island, presents a unique investment opportunity. Located at 681 Providence Street, this 4,092 square foot building sits on a generous 14,810 square foot lot and boasts a rich history, having been built in 1931. The property comprises two buildings, each two stories high, and includes three units. Two of these units are one-bedroom residential apartments, currently generating income below market rates. The main level of the primary building is currently leased to a dance school, while the lower level is perfectly suited for a ghost kitchen or catering business. The property also includes a fully operational bar and restaurant with an existing liquor license and a fully equipped kitchen. An additional lot is included in the sale, providing ample off-street parking and significant potential for future multi-family development. All utilities have been updated. This turnkey operation offers immediate income generation with significant upside potential for increased rental income and further development. The asking price is $479,900. This is a rare opportunity to acquire a well-established, mixed-use property in a desirable location with significant growth potential. The property's diverse income streams and substantial lot size make it an attractive investment for both seasoned and new investors. Don't miss this chance to own a piece of West Warwick's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
-
Advocacy Group Social Service Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the West Warwick market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
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.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight