Property profile

923 Main St West Warwick, RI 02893

FOR SALE
Showrooms
Property ID
US76-0207553
2,328 SF 0.36 ac lot Built 1978
Individually Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of two separate buildings on a shared 0.308-acre lot in West Warwick, Rhode Island. The first building is a one-level structure configured for a seasonal food service use, featuring a walk-up service window, a commercial kitchen, a dining area that has been newly updated, and parking; the building also has had roof and siding updates. The second building is an approximately 2,328-square-foot, one-level, all-brick facility with parking and a full basement, which provides potential space for expansion or additional storage; it has been historically used as a medical office and is configured for office occupancy. The site’s context includes high traffic and proximity to local amenities.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1978
Construction FRAME
Total area 2,328 SF
Lot 0.36 ac (15,599 SF)
Zoning code B
APN WWAR 003-0306-0-000
UPID US76-0207553

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
  • Medical Clinic

Location

923 Main St West Warwick, RI 02893
West Warwick metro Census 20400 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2004
4 recorded transactions
2007
Price N/A
2006
Price N/A
2004
$225,000
2004
Price N/A

Zoning & alternative use

B · West Warwick, RI
Zoning description

(b) Signs which advertise an activity, business, product or service no longer produced or conducted on the premises upon which the sign is located. No such sign shall remain in place or on vacated premises for more than…

General category CIVIC_INSTITUTIONAL

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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More about this property
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