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    OFF-MARKET
    Showrooms

    693 Providence St, West Warwick, RI 02893-1522

    360 SF 0.02 ac lot Built 1935
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US76-0127718
    Property summary
    AI-generated overview

    This exceptional West Warwick, RI property at 693 Providence Street presents a unique investment opportunity. Priced at $179,900, this mixed-use offering encompasses a 360 square foot storefront building situated on a substantial 4,835 square foot lot. Currently operating as a hair salon, the building's versatile nature lends itself to a variety of service-oriented businesses. The single-story structure, built in 1935, is one of two buildings on the lot, offering significant potential for expansion or redevelopment. The property's zoning allows for multiple uses, including the possibility of developing additional multi-family units on the ample land. This turnkey operation eliminates the need for extensive renovations, allowing for immediate occupancy and revenue generation. The property's location in West Warwick, RI, within Kent County, offers convenient access to local amenities and a strong customer base. The address is 693 Providence Street, West Warwick, RI 02893. This is an ideal opportunity for entrepreneurs seeking ownership rather than leasing, providing a solid foundation for long-term growth and profitability. The property's size and location make it a highly attractive investment, offering both immediate income and significant future development potential. Don't miss this chance to acquire a thriving business and valuable real estate in a desirable Rhode Island location.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1935
    Construction FRAME
    Total area 360 SF
    Lot 0.02 ac (871 SF)
    Zoning code B
    APN WWAR 041-0083-0-000
    UPID US76-0127718
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Salon Karma Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    693 Providence LLC · 1 yrs held
    693 Providence LLC
    since 2025
    Last sale
    $78,500
    4 recorded transactions
    2025
    2025
    $78,500
    2024
    2009
    $1
    Zoning & alternative use
    B · West Warwick, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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