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Highly Visible Mixed Use 1670-1674 Main St 4,698 SF 19% Leased Retail Building West Warwick, RI 02893 $828,062 CAD ($176.26 CAD/SF)
Investment Highlights
- High Visibility
- Ample Parking
- Mixed Use
Executive Summary
Exceptional mixed-use opportunity in the heart of West Warwick! This well-maintained corner lot property offers a total of 4,698sqft., featuring 2,861 sq. ft. of prime retail/restaurant space on the first floor and all three residential apartments are fully rented. Ideal for an owner-user or investor, this property combines strong income potential with great visibility and frontage. The commercial space is versatile and ready for a variety of uses, while the residential units offer consistent cash flow and include access to a coin-operated laundry area for tenant convenience. Excellent exposure, and a central location close to major routes make this a standout property in a high-traffic area. Call today!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$95,526
|
$16.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$95,526
|
$16.48
|
| Taxes |
$7,426
|
$1.28
|
| Operating Expenses |
$6,959
|
$1.20
|
| Total Expenses |
$14,385
|
$2.48
|
| Net Operating Income |
$81,142
|
$13.99
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $95,526 |
| Annual Per SF | $16.48 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $95,526 |
| Annual Per SF | $16.48 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,426 |
| Annual Per SF | $1.28 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,959 |
| Annual Per SF | $1.20 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $14,385 |
| Annual Per SF | $2.48 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $81,142 |
| Annual Per SF | $13.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,698 SF
Building Class
C
Year Built/Renovated
1930/2020
Price
$828,062 CAD
Price Per SF
$176.26 CAD
Percent Leased
19%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.21 AC
Zoning
B - Business District
Parking
12 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Controlled Access
- Corner Lot
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | WWAR-000009-000069-000000 | Total Assessment | $510,456 CAD |
| Land Assessment | $134,244 CAD | Annual Taxes | $7,426 CAD ($1.58 CAD/SF) |
| Improvements Assessment | $376,212 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
WWAR-000009-000069-000000
Land Assessment
$134,244 CAD
Improvements Assessment
$376,212 CAD
Total Assessment
$510,456 CAD
Annual Taxes
$7,426 CAD ($1.58 CAD/SF)
Tax Year
2025
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Highly Visible Mixed Use | 1670-1674 Main St
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