INNOVATE Real Estate
No photos available for this listing

$2,500,000

400 Warwick Avenue
Warwick, RI 02888
Listed by Karen Catuogno
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1986

About this home

Shopping Center on busy Warwick Avenue. A total of 22 units in three buildings on a two-acre parcel. Fully leased with long term tenants in place. Great upside opportunity for new owner with lease renewals.

Property details

MLS #
1378536
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
459
On market date
February 21, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2 acres

Location

Get directions →
Loading map…

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
Edward S. Rhodes School
0.79 mi away · Grades 0-5
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
296
Student:teacher ratio
13.5:1
District
Cranston
Middle
Park View Middle School
0.81 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
1.35 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).

85
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores3
Parks13
Schools10
Transit stops20
Pharmacies1

Market position

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

On the market 459 days -- 417 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

Similar homes you might like

No photo
$2,175,000
771 773 Hope Street
Providence, 02906
N/A bd·N/A ba·N/A
32 days on market
Listed by Stephen Gaskin
No photo
$2,650,000
453 Angell Street
Providence, 02906
N/A bd·N/A ba·N/A
88 days on market
Listed by William Sherry
No photo
$2,000,000
74 Railroad Avenue
Johnston, 02919
N/A bd·N/A ba·N/A
10 days on market
Listed by Christina Rouse
No photo
$2,750,000
230 George Washington Highway
Smithfield, 02917
N/A bd·N/A ba·N/A
10 days on market
Listed by Gary Balletto

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 28, 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.