INNOVATE Real Estate
Commercial Sale at 650 Greenwich Ave, Warwick RI 02886, Warwick
Commercial Sale at 650 Greenwich Ave, Warwick RI 02886, Warwick, photo 2 of 5
Commercial Sale at 650 Greenwich Ave, Warwick RI 02886, Warwick, photo 3 of 5
Commercial Sale at 650 Greenwich Ave, Warwick RI 02886, Warwick, photo 4 of 5
Commercial Sale at 650 Greenwich Ave, Warwick RI 02886, Warwick, photo 5 of 5
5 photos

$1,500,000

650 Greenwich Ave, Warwick RI 02886
Warwick, RI 02886
Listed by Michael Alves
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1971

About this home

Owner financing available! Offered for sale, this 5,208 SF multi-tenant retail building on a 10,018.8 SF lot is located in Warwick along a well-traveled commercial corridor.Property Features:• 4 retail units• Multi-tenant layout providing diversified income potential• Strong visibility and accessibility on Greenwich Ave• On-site lot with ample frontage• Ideal for investors or owner-usersHighlights:• Opportunity for lease-up and rent growth• Established retail location with consistent traffic• Well-suited for long-term hold or repositioning! Owner financing available!

Property details

MLS #
73509798
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
160
On market date
April 27, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.23 acres

Location

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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
Greenwood School
0.7 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
279
Student:teacher ratio
16.4:1
District
Warwick
Middle
Winman Middle School
1.41 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
HighCharter
NEL/CPS Construction Career
1.46 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
173
Student:teacher ratio
11.5:1
District
Cranston

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).

83
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks2
Schools6
Transit stops20
Pharmacies2

Market position

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

On the market 160 days -- 118 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

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Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 2, 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.