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873 Warwick Ave 4,840 SF 30% Leased Office Building Warwick, RI 02888 $685,000 ($141.53/SF)
Executive Summary
"Stately and Commanding"describe this 1930's Colonial seated perfectly on a 3/4 acre lawn surrounded by mature trees and ample parking. The interior has over 4000 sqft of office/flex spaces. The building formerly housed a Law Office, a Real Estate Office and currently has only 3 spaces occupied with long term tenants. The current interior configuration holds 10 separate offices some of which could be reconfigured for additional tenants. Once a grand residence, the property is still zoned residential with a business use permit. 873 Warwick Avenue offers a great opportunity for investers or relocating a company headquarters. Check with the city about the possibilities of going back to residential. Close by RI's International Airport, minutes to Downtown Providene, Quick train ride to Boston, New York and beyond. This location offers endless possibilities at a price that can't be beat.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,840 SF
Building Class
B
Year Built
1975
Price
$685,000
Price Per SF
$141.53
Percent Leased
30%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,250 SF
Building FAR
0.15
Lot Size
0.75 AC
Zoning
A10 - A10 is a residential zone this building was granted a special use permit in the 70's and it is still active and recognized as commercial
Parking
18 Spaces (2.07 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | WARW-000300-000181-000000 | Improvements Assessment | $280,200 |
| Land Assessment | $150,800 | Total Assessment | $431,000 |
Property Taxes
Parcel Number
WARW-000300-000181-000000
Land Assessment
$150,800
Improvements Assessment
$280,200
Total Assessment
$431,000
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873 Warwick Ave
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