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32000577
32000578

643 East Avenue, Warwick, RI 02886

MA
RI REC.0016995
Elite Commercial Realty
Remax Revolution
Listed by Elite Commercial Realty, Remax Revolution
$3,200,000
61 days on market
Updated 24 days ago

643-653 East Ave & 72 Baker St, Owner financing available

Details
Property Type Retail, Office (+1)
Sub Type Executive Office, Medical Office (+1)
Square Footage 13,722
Units 45
NOI $200,764
Tenancy Multi
Pro-Forma NOI $236,668
Price per SqFt $233
Class C
Year Built 1900
Buildings 2
Lot Size (SqFt) 18,295
Zoning GB
Parking Spaces 45 spaces
Parking Per SqFt 3.28
Ground Lease No
Sale Condition N/A

🏢 Mixed-Use Investment Portfolio | East Ave & Baker St, Warwick, RI

Marketing description

🏢 Mixed-Use Investment Portfolio | East Ave & Baker St, Warwick, RI Owner financing available on this property

Located in Warwick, this multi-building mixed-use portfolio offers a rare opportunity to acquire a diversified income-producing asset with retail, office, and residential components in a strong, established market.

The offering includes 643–653 East Ave and 72 Baker St, combining stable in-place income with long-term upside potential across multiple tenant types.

💰 Asking Price: $3,600,000

📊 Property Overview

• 13,722 SF total building area

• 18,295.2 SF total lot size

• Multiple buildings with mixed-use configuration

🏬 Unit Mix

643–653 East Ave:

• 6 Retail Units

• 14 Office Units

• 12 Apartment Units

72 Baker St:

• 2-Family Residential Property

Owner financing available on this property

Investment highlights

Diverse income stream across retail, office, and residential tenants

• Strong occupancy potential in a well-located commercial corridor

• Opportunity for rent growth and asset repositioning

• Ideal for investors seeking scale and stability in one acquisition

• Centrally located with access to major roadways and surrounding amenities

💡 A compelling opportunity to acquire a well-balanced mixed-use portfolio with immediate cash flow and long-term upside in a high-demand Rhode Island market.

Owner financing available on this property

Listing Contacts

MA
RI REC.0016995
Elite Commercial Realty
Remax Revolution
Listed by Elite Commercial Realty, Remax Revolution

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,764.00
$16,730.33/mo

Valuation Metrics

0
DSCR
6.27%
Cap Rate
6.27%
ROI

Map

Zoning

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GB CommercialGeneral CommercialGeneral Business District
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View all 148 uses
View all 148 uses
Last updated Jun 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Wilfredo Tangui
License
0033386
Brokerage
REMAX Revolution
Title
Broker of Record
Name
Michael Alves
License
REC.0016995
Brokerage
REMAX REVOLUTION
Brokerage Phone
(401) 921-5011
Title
Real Estate Broker
Brokerage Address
100 Quaker Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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