Retail Business for Sale in Warwick, RI

  • Price: $875K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Warwick, RI 02886
  • Size: 2,955 SF
  • Year built: 1875

Description

642 East Ave - Video Tour 642 East Ave - Property Card Trillo 642 East Ave - P&L final

Market Context

This retail in Warwick, RI is listed for sale at $875,000 across 2,955 SF. The building dates to 1875. It has been on the market for 41 days. Compare it against other retail listings for sale in Warwick, RI — <a href="/search/sale/retail/rhode-island/warwick">view the full market</a>.

As of Q4 2023, the Providence retail market showed a 1.9% vacancy rate, average asking rents near $20.86/SF/yr, and rents up 1.8% year over year. Source: Cushman & Wakefield Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Providence retail market tightening or softening?
Vacancy is around 1.9%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$27.68/SF – $37.44/SF

Mid: $32.56/SF

Total estimate for 2,955 SF: $96,215

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market indianapolis (similarity: 100%) with 6 comparable listings.

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