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Frank T. Tripp & Cheetham 982 Warwick Ave 6,157 SF Retail Building Warwick, RI 02888 $1,675,104 CAD ($272.06 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Ample parking
  • Beautiful grounds

EXECUTIVE SUMMARY

982 Warwick Avenue offers an exceptional redevelopment opportunity in the heart of Warwick. Home to the Frank T. Tripp & Cheetham Funeral Home for decades, this property sits on an expansive 54,014 sq ft lot with substantial frontage along Warwick Avenue. Zoned Residential A7, the size, location, utilities, and visibility create a rare chance for business owner, builders, developers, or investors to reimagine the site for its highest and best use. The property is connected to water, sewer, and gas utilities. The existing structure is being conveyed as-is, with the true value in location and land potential. Ideally located just minutes to TF Green Airport, the commuter rail, Interstate 95, shopping, marinas, restaurants, and more. Whether you are looking to create new housing, pursue a zoning supported opportunity, or reposition the property entirely, 982 Warwick Avenue is a great property with tremendous upside

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Funeral Home
Building Size
6,157 SF
Building Class
C
Year Built
1915
Price
$1,675,104 CAD
Price Per SF
$272.06 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
1.24 AC
Zoning
A7
Parking
50 Spaces (8.12 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Waterfront
  • Air Conditioning

NEARBY MAJOR RETAILERS

Planet Fitness
Newport Creamery LLC
Washington Trust Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WARW-000301-000326-000000
Land Assessment
$215,866 CAD
Improvements Assessment
$853,086 CAD
Total Assessment
$1,068,952 CAD
  • Listing ID: 38643929

  • Date on Market: 2024-12-03

  • Last Updated:

  • Address: 982 Warwick Ave, Warwick, RI 02888

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