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982 Warwick Ave 982 Warwick Ave 54,014 SF Retail Building Warwick, RI 02888 $1,696,740 CAD ($31.41 CAD/SF)



Investment Highlights
- Ample parking
- Beautiful grounds
Executive Summary
Exceptional land opportunity at 982 Warwick Avenue 54,014 sq ft (approx. 1.239 acres) with commanding frontage along one of Warwick's highest traffic corridors. Zoned Residential A-7, the site presents a compelling canvas for investors and developers to pursue its highest and best use, whether that means a zoning variance for a full repositioning strategy, or working with the planning depart for subdivisions. All major utilities are in place municipal water, sewer, and gas removing a significant barrier to development. The current legal use of this property is a funeral home. The existing structure is conveyed as-is. Great value with this location. Strategically positioned minutes from T.F. Green International Airport, the MBTA commuter rail, Interstate 95, waterfront marinas, and major retail corridors, this site checks every box for accessibility and long term demand. With Rhode Island's current housing supply constraints, A-7 zoned parcels of this scale and visibility rarely reach the open market. Buyer to perform their own due diligence on permitted uses, variance potential, and planning development feasibility.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
54,014 SF
Building Class
C
Year Built
1915
Price
$1,696,740 CAD
Price Per SF
$31.41 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
1.24 AC
Zoning
A7 - The property is zoned Residential A-7.
Parking
55 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Waterfront
- Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WARW-000301-000326-000000 | Improvements Assessment | $868,448 CAD |
| Land Assessment | $253,097 CAD | Total Assessment | $1,121,545 CAD |
Property Taxes
Parcel Number
WARW-000301-000326-000000
Land Assessment
$253,097 CAD
Improvements Assessment
$868,448 CAD
Total Assessment
$1,121,545 CAD
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