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Investment Highlights

  • Traffic Count: 19,455 ADT
  • Residential Zone
  • Corner Lot- Lighted Intersection

Executive Summary

Regal Commercial Real Estate is pleased to present 1593-1595 Centerville Road and New London Avenue (M:251 L:100) in Warwick, Rhode Island. The property contains three separate parcels- New London Avenue (M:251 L:100) contains 0.13 acres and currently serves as parking for 1593 Centerville Road. 1593 Centerville Road is a former bar/restaurant that contains 2,034 sq.ft above grade area along with a 1,473 basement. 1585 Centerville Road contains a two-unit residential building with one bedroom/one bathroom in each unit and contains approximately 1,704 sq. ft with a full 1,004 sq.ft basement. Parcel is a corner lot at the intersection of busy Centerville Road and New London Avenue. For Sale or Ground Lease- Residential Zone

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,176 SF
Building Class
C
Year Built
1935
Price
$1,849,500 CAD
Price Per SF
$582.34 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.42 AC
Zoning
A7 - Residential Zone- Grandfathered Use
Parking
21 Spaces (6.61 Spaces per 1,000 SF Leased)
Frontage
51’ on Centerville Road

Amenities

  • Bus Line
  • Restaurant
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,176 SF
  • Retail
  • -
  • Now

Regal Commercial Real Estate is pleased to present 1593-1595 Centerville Road and New London Avenue (M:251 L:100) in Warwick, Rhode Island. The property contains three separate parcels- New London Avenue (M:251 L:100) contains 0.13 acres and currently serves as parking for 1593 Centerville Road. 1593 Centerville Road is a former bar/restaurant that contains 2,034 sq.ft above grade area along with a 1,473 basement. 1585 Centerville Road contains a two-unit residential building with one bedroom/one bathroom in each unit and contains approximately 1,704 sq. ft with a full 1,004 sq.ft basement. Parcel is a corner lot at the intersection of busy Centerville Road and New London Avenue. Ground Lease Opportunity

Space Size Space Use Position Available
1st Floor 3,176 SF Retail - Now

1st Floor

Size
3,176 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 3,176 SF
Space Use Retail
Position -
Available Now

Regal Commercial Real Estate is pleased to present 1593-1595 Centerville Road and New London Avenue (M:251 L:100) in Warwick, Rhode Island. The property contains three separate parcels- New London Avenue (M:251 L:100) contains 0.13 acres and currently serves as parking for 1593 Centerville Road. 1593 Centerville Road is a former bar/restaurant that contains 2,034 sq.ft above grade area along with a 1,473 basement. 1585 Centerville Road contains a two-unit residential building with one bedroom/one bathroom in each unit and contains approximately 1,704 sq. ft with a full 1,004 sq.ft basement. Parcel is a corner lot at the intersection of busy Centerville Road and New London Avenue. Ground Lease Opportunity

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

IGA
Citizens Bank
Rent-A-Center
Stop & Shop
Applebee's
Denny's

Property Taxes

Property Taxes

Parcel Number
WARW-000251-000001-000000
Land Assessment
$71,514 CAD
Improvements Assessment
$314,689 CAD
Total Assessment
$386,203 CAD
  • Listing ID: 38705343

  • Date on Market: 2025-12-09

  • Last Updated:

  • Address: 1593 Centerville Rd, Warwick, RI 02886

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