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$3,200,000

643 653 East Avenue
Warwick, RI 02886
Listed by Michael Alves
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

?? PRICE REDUCED – SELLER HIGHLY MOTIVATED ?? ?? OWNER FINANCING AVAILABLE! 642 East Ave and 72 Baker St. Mixed use property that has a diversified tenant mix, with 12 residential units over the upper floors, and five tenants over the retail space on the first floor. The basement has multiple executive office tenant spaces, which could be combined into larger office spaces. The second building at the rear of the property is a two unit multi family with 2 bedrooms each, and the property has a parking lot between the buildings for over 20 cars. Buildings are on separate lots, but are being sold together, Owner financing available!

Property details

MLS #
1411071
Property type
Multi Family,Office,Commercial
Subdivision
N/A
Status
Active
Days on market
48
On market date
April 27, 2026
Stories
3
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
45
Lot size
0.69 acres
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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
Wakefield Hills El. School
1.04 mi away · Grades -1-4
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
413
Student:teacher ratio
12.1:1
District
West Warwick
Middle
Winman Middle School
0.93 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
720
Student:teacher ratio
11.4:1
District
Warwick
High
Toll Gate High School
1.13 mi away · Grades 9-12
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
1,220
Student:teacher ratio
12.8:1
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).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks4
Schools12
Transit stops20
Pharmacies8

Market position

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

On the market 48 days -- 6 more 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
$19,421/mo
$640,000 down
$2,560,000 loan
Principal & interest$16,604
Property tax (est.)$2,667
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.