About This Home

This 0-bedroom, 0-bathroom commercial at 53 Providence Street in West Warwick, RI is listed for $2,650,000 ($196 per sqft). Built in 1974, the home offers 13,520 sqft of living space on a 0.76 acres lot.

Key Features

  • Built in 1974
  • 0.76 acre lot
  • 18 parking spaces

Property Details

1 story
18 spaces
1974

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$14,173/mo

20% down · 6.5% · 30 years

Principal$1,917
Interest$11,483
Insurance$773

Estimates only. Actual payments may vary.

Location

53 Providence Street

West Warwick, RI 02893

Features & Amenities

Interior Features

Ceiling Height (9 to 12 Ft)Ceiling Height (12 to 15 Ft)

Property Details

Construction

Masonry

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 53 Providence Street is listed at $2,650,000 ($196/sqft). The estimated monthly payment is $14,173 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 0.76 acre lot, 18 parking spaces. Interior Features: Ceiling Height (9 to 12 Ft), Ceiling Height (12 to 15 Ft).

This property is listed by Theary Alves.

TA

Theary Alves

Agent at Keller Williams Realty of Newport / East Bay / North Kingstown

Listed by Keller Williams Realty of Newport / East Bay / North Kingstown · Broker phone: (401) 845-9200 · Broker website

MLS# 1422877· Source: State Wide MLS of Rhode Island, Inc.· 44 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

53 Providence Street, West Warwick, RI 02893

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