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$1,400,000

449 459 Sandy Lane
Warwick, RI 02889
Listed by Megan Hayden
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

Incredible commercial opportunity on Sandy Lane! This property offers 7,870 sq. ft. of space with 2 units, set on a full acre corner lot with a traffic count of approximately 15,000 cars per day. The visibility and accessibility are unmatched, making it ideal for a wide variety of uses. The site is perfectly suited for a bank, national or regional franchise, medical or professional offices, or retail. With its generous lot size and strong location, there is also potential to develop mixed-use space with commercial units on the ground level and residential apartments above — maximizing long-term value and income potential. Strategically located in a high-traffic area, this property is surrounded by established businesses and offers strong demographics for growth. Whether you’re an investor, developer, or owner-user, Sandy Lane provides the perfect foundation for your vision. Taxes, Assessment and Lot sq ft reflect both properties.

Property details

MLS #
1394125
Property type
Office,Commercial
Subdivision
Sandy Lane
Status
Active
Days on market
10
On market date
September 10, 2025
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
28
Lot size
42,688 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
Sherman School
0.35 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
307
Student:teacher ratio
16.2:1
District
Warwick
Middle
Warwick Veterans Middle School
0.83 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,160
Student:teacher ratio
12.3:1
District
Warwick
High
Pilgrim High School
2.41 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).

80
Highly walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks4
Schools6
Transit stops20
Pharmacies4

Market position

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

On the market 10 days -- 32 fewer days than Warwick's current average of 42 days.
For reference, the median list price across 505 active listings in Warwick right now is $435,000.

Mortgage calculator

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

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated September 21, 2025.

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.