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53 Providence Street

West Warwick, RI 02893
  • $2,650,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 1422877
UPDATED: 46 min ago
$2,650,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,520
    SQFT
  • $196
    $/SQFT
Type:
Commercial
Built:
1974
County:
Area:

School Ratings & Info

Description

PRIME INCOME-PRODUCING COMMERCIAL ASSET An exceptional opportunity to acquire a fully occupied 8-unit commercial property generating over $200,000 in annual gross revenue. Offered at $2.65 million, this stabilized asset provides immediate income from day one with an established tenant base and compelling long-term investment potential. Strategically positioned near the Route 2 commercial corridor in Warwick and convenient to Downtown West Warwick, the property benefits from strong traffic exposure, excellent accessibility, and proximity to major roadways, businesses, shopping, and surrounding amenities. Ample on-site parking further strengthens tenant and customer convenience. With 100% occupancy, substantial existing revenue, and a highly accessible commercial location, this property presents investors with an opportunity to acquire a performing asset with strong cash-flow characteristics and future appreciation potential.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-10T21:37:47.553.
www.onshorerealtors.com/homes/181213569
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53 Providence Street West Warwick, RI 02893

  • Price: $2,650,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 46 min ago
  • MLS #: 1422877
0
Beds
0
Baths
0
½ Baths
0.76
Acres
13,520
SQFT
$196
$/SQFT
1974
Built
County:
Kent
Area:
West Warwick
Property Description
PRIME INCOME-PRODUCING COMMERCIAL ASSET An exceptional opportunity to acquire a fully occupied 8-unit commercial property generating over $200,000 in annual gross revenue. Offered at $2.65 million, this stabilized asset provides immediate income from day one with an established tenant base and compelling long-term investment potential. Strategically positioned near the Route 2 commercial corridor in Warwick and convenient to Downtown West Warwick, the property benefits from strong traffic exposure, excellent accessibility, and proximity to major roadways, businesses, shopping, and surrounding amenities. Ample on-site parking further strengthens tenant and customer convenience. With 100% occupancy, substantial existing revenue, and a highly accessible commercial location, this property presents investors with an opportunity to acquire a performing asset with strong cash-flow characteristics and future appreciation potential.
Exterior Features

Construction Materials Masonry Foundation Details Concrete Perimeter Levels One Parking Total 18

Interior Features

Basement None Basement YN No Building Features Public Restrooms Cooling Central Air Cooling YN Yes Furnished Furnished Heating Gas

Property Features

Association Amenities Business Center Restaurant Business Type Accounting Arts and Entertainment Administrative and Support Animal Grooming Advertising Barber / Beauty Bakery Books / Cards / Stationary Bar / Tavern / Lounge Candy / Cookie Clothing Commercial Computer Mixed Athletic Community Features Business Center Highway Access Near Schools Public Transportation Restaurant Shopping Electric Separate Meters Human Modified YN No Land Lease YN No Lease Considered YN Yes Listing Terms Lease New Construction YN No Owner Pays Insurance Snow Removal Taxes Possible Use Commercial Investment Medical / Dental Mini Storage Mixed Use Office Property Sub Type Commercial Security Features Carbon Monoxide Detector(s) Fire Sprinkler System Sewer Connected Tax Annual Amount 24000 Tax Assessed Value 895500 Tax Lot 0134 Tax Year 2025 Tenant Pays All Utilities Utilities Electricity Available Natural Gas Available Natural Gas Connected Sewer Connected Water Source Connected Zoning B

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Keller Williams Coastal: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-10T21:37:47.553.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891