53 Providence Street West Warwick

$2,650,000
13,520 sq ft

The Property

PRIME INCOME-PRODUCING COMMERCIAL ASSET — An exceptional opportunity to acquire a fully occupied 8-unit commercial property generating over $200,000 in annual gross revenue. Offered at $2.65 million, this stabilized asset provides immediate income from day one with an established tenant base and compelling long-term investment potential.

Strategically positioned near the Route 2 commercial corridor in Warwick and convenient to Downtown West Warwick, the property benefits from strong traffic exposure, excellent accessibility, and proximity to major roadways, businesses, shopping, and surrounding amenities. Ample on-site parking further strengthens tenant and customer convenience.

With 100% occupancy, substantial existing revenue, and a highly accessible commercial location, this property presents investors with an opportunity to acquire a performing asset with strong cash-flow characteristics and future appreciation potential.

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Listing Details

MLS Number

1422877

Lot Size:

0.76 acres

Features

  • Restrooms
  • Sprinklers
  • Bus
  • Highway Access
  • Public School
  • Restaurants
  • Schools
  • Shopping
  • Business Center
  • Restaurant
  • Heating: Gas Connected
  • Heating Fuel: Gas Connected
  • Laundry
  • Downtown
  • Strip Store
  • Year Built: 1974

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Market Trends for Commercial/Business,Commercial Sale
in West Warwick

  • Overview
    Homes for Sale Today15-11.8% decrease in inventory
    New on Market *433.3% increase in new listings
    Avg. Asking Price/Sq.Ft. *$183.49$58 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$595,000$595,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.00%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$126.65$127 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *319319 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Keller Williams Coastal
Email:
Phone: 401-845-9200

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