982 Warwick Ave - Funeral Home FOR SALE


Warwick, RI 02888- Warwick/West Warwick
$1,200,000 USD
401-545-0020
982 Warwick Ave, Warwick, RI for Sale
$1,200,000 USD
Funeral Home - FOR SALE
1/11
null | Request Cap Rate

982 Warwick Ave
Warwick, RI 02888
Warwick/West Warwick


HIGHLIGHTS

  • Ample parking
  • Beautiful grounds

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

982 Warwick Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Funeral Home

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

A7

APN/PARCEL ID

WARW-000301-000326-000000

ASK ABOUT THIS PROPERTY

Anthony RamponeRE/MAX RevolutionMore Info
401-545-0020

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Anthony RamponeRE/MAX RevolutionMore Info
401-545-0020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.