1689 warwick Avenue

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1689 warwick Avenue

Warwick, RI 02889
Asking Price
$390K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront listed for sale at $389,900.
  • Property features a total of 2,400 square feet.
  • Located on Warwick Avenue in Warwick, Rhode Island.
  • Versatile layout suitable for diverse retail business operations.
  • Positioned within the active Providence metropolitan commercial corridor.

What's Special

Priced at $389,900, this 2,400 square foot retail storefront at 1689 Warwick Avenue presents a functional space for business operations. Situated in Warwick, Rhode Island, the property benefits from the area's established suburban infrastructure and proximity to major regional transit routes. The building provides a versatile footprint suitable for various commercial retail configurations or specialized service-oriented businesses looking for a foothold in the local market. Warwick serves as a key commercial hub within the Providence metropolitan area, offering consistent accessibility for residents and visitors alike. This asset type allows an owner-operator or investor to capitalize on the visibility provided by a dedicated storefront layout. Its size and location support a range of professional or retail uses tailored to the surrounding demographics of this Rhode Island submarket.

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NOI
$80,000
Cap Rate
20.52%
DSCR
3.46
Strong
Cash-on-Cash
48.60%
Monthly Payment
$1,929.012
Annual Cash Flow
$56,851.85

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