CCertihomes
1050 Warwick, Warwick, RI 02888

$849,900

0 beds 0 baths Built 1980Active

About this home

Investment opportunity to acquire an ideally located stand-alone medical building with tremendous on-site parking for 75 visitors and staff. This 7, 751 sq. ft. two-story professional building is situated on a 32, 844 sq.ft. corner lot and boasts 90 feet of highly desirable frontage on Warwick Ave, with additional access from Waldron Ave. Current tenants include several established physician specialists and medical testing labs, leases total $ 9, 900 per month. The unfinished second floor offers approximately another 2, 200 sq. ft. for future expansion or the entire building has potential for residential conversion. T. F. Green International Airport is 4 miles and Providence is 6 miles. Convenient access to Interstate 95 and all major highways.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$10,395/mo

Real estate (PITI + HOA + PMI)
$7,781
Principal + interest$3,855
Property tax + insurance$3,607
PMI / 2nd mortgage$319
Utilities
$5,368
Heating + cooling$2,531
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$154
Car insurance + maintenance$154
Other (entertainment)
$140
$10,395/mo TLC
Budget$10,895/mo
Remaining after TLC$500/mo
Purchase price
$849,900
Down payment
$42,495 (5%)
Loan amount
$807,405
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
1980
Lot size
Stories
0
Heating
Cooling
Water
Connected
HOA
Annual tax
$28,263
MLS #
1336363
County
Kent

Home features

Interior
Ceiling Height: 9-12 Ft
Sewer
Public Connected

Lot features

Office Park

Neighborhood — 02888

MetricThis ZIPCountyUSA
Population20,3431,095,423299,088,112
Population Change Since19902.00%9.00%20.00%
Population Density3,308994
Male9,642529,266147,432,321
Female10,701566,157151,655,844
Never Married4,316266,40463,775,926
Married9,118435,678123,120,365
Separated40743,64212,639,686
Widowed1,57866,66815,467,586
Divorced1,63283,84323,075,029
Number Of House Hold7,675410,399111,826,380
Average House Hold Size2.622.562.60
Medial Age41.5237.2735.46
Median House Hold Income$53,654$47,553$48,276
Average House Hold Income$61,439$61,609$63,629
P C I$23,941$23,965$24,529
M D I$45,171$40,634$41,133
A T H E$50,210$49,940$50,898
S T R7.00%7.00%
W C J73.66%78.02%77.74%
(Zip) Code
2888

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/25/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.