830 Oakland Beach Ave, Warwick, RI 02889
For Sale
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This exceptional Warwick, RI property, located at 830 Oakland Beach Avenue, presents a unique investment opportunity. The 15,941 square foot lot houses a 4,130 square foot building, formerly known as the Jonah Hall, which boasts a commercial kitchen, spacious banquet room, multiple offices, and bathrooms. Preliminary approval for a five-unit residential conversion is in place, with plans readily available. The building features an expansive exterior deck and ample parking with 17 designated spots, including convenient handicap access. Built in 1925, this property offers significant versatility, suitable for a variety of commercial uses, including restaurant, bar, or a mixed-use development leveraging the residential conversion plans. The property's location in Warwick, RI, within Kent County (zip code 02889), provides excellent visibility and accessibility. The three separate lots comprising this property offer considerable flexibility for future development or expansion. This is a rare opportunity to acquire a substantial property with existing infrastructure and significant upside potential. The asking price is $369,000.
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Art Space Performing Arts Visual Arts Theater & Performing Art Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
A7 · Warwick, RIWarwick. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.