Commercial,Commercial Sale at 982 Warwick Avenue, Warwick
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$1,200,000

982 Warwick Avenue
Warwick, RI 02888
Listed by Anthony Rampone
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1915

About this home

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.

Property details

MLS #
1414486
Property type
Commercial,Commercial Sale
Subdivision
N/A
Status
Active
Days on market
54
On market date
June 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
100
Lot size
54,014 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Holliman School
0.47 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
304
Student:teacher ratio
16.9:1
District
Warwick
Middle
Park View Middle School
1.75 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
680
Student:teacher ratio
11.9:1
District
Cranston
High
Pilgrim High School
0.46 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,176
Student:teacher ratio
10.9:1
District
Warwick

Walkability

Blended score for Warwick's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks11
Schools9
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Warwick, from live MLS data.

On the market 54 days -- 11 more days than Warwick's current average of 43 days.
For reference, the median list price across 489 active listings in Warwick right now is $439,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 15, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.