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$2,650,000 Just Listed
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Property Description
PRIME INCOME-PRODUCING COMMERCIAL ASSET An exceptional opportunity to acquire a fully occupied 8-unit commercial property generating over $200,000 in annual gross revenue. Offered at $2.65 million, this stabilized asset provides immediate income from day one with an established tenant base and compelling long-term investment potential. Strategically positioned near the Route 2 commercial corridor in Warwick and convenient to Downtown West Warwick, the property benefits from strong traffic exposure, excellent accessibility, and proximity to major roadways, businesses, shopping, and surrounding amenities. Ample on-site parking further strengthens tenant and customer convenience. With 100% occupancy, substantial existing revenue, and a highly accessible commercial location, this property presents investors with an opportunity to acquire a performing asset with strong cash-flow characteristics and future appreciation potential.
Full Property Details
Full Property Details for 53 Providence St
General
- Price: $2,650,000
- Taxes: $24,000 (2025)
- Status: Active
- Type: Commercial Service
- Source: STWMLS
- MLS ID: 1422877
- Updated: Today (9/15/2026)
- Added to Site: Today
Business
- Business Type: Accounting, Arts and Entertainment, Administrative a
- Year Established: 52
Rental Information
- Lease Info: Net
Interior
- Furnished: Yes
- Furnishings: Furnished
Additional Information
- Shared Amenities: Business Center, Restaurant
- Security/Safety: Carbon Monoxide Detector(s), Fire Sprinkler System
Parking
- Total Spaces: 18
Location
- County: Kent
- Building Name: Houle Plaza
- Near Highway: Yes
Community
- Units Assoc/Comm: 9
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 9
- Detached/Attached: Detached
- Construction: Masonry
- Basement Desc.: None
- Stories/Levels: 1
- Building Size: 13520
- Finished Total: 13,520 Sq. Ft.
- Finished Above Grnd: 13,520 Sq. Ft.
- Year Built: 1974
- Other Struct. Feat.: Public Restrooms
Lot Features
- Lot Size (Acres): 0.763
- Lot Size (Sq. Ft.): 33,106
- Lot Size: 33106
- Potential Use: Commercial, Investment, Medical/Dental, Mini Storage, Mixed Use, Office
Financial Considerations
- Tax Amount: $24,000
- Tax Year: 2025
- Terms: Lease
- Owner Pays: Insurance, Snow Removal, Taxes
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 53PROVIDENCESTWWAR
- Lot Number: 134
Listed by Keller Williams Coastal
Get Pre-Approved Today
Schools
Schools serving 53 Providence St
School District:West Warwick School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53 Providence St
Date
Details
Price
Change
Source
9/15/2026
Listed
$2,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 53 Providence St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,567
7%
$895,500
36%
2024
$21,107
2%
$659,600
—
2023
$20,692
2%
$659,600
—
2022
$20,368
-5%
$659,600
-1%
2021
$21,508
—
$663,200
—
2020
$21,508
2%
$663,200
—
2019
$21,103
4%
$663,200
8%
2018
$20,386
3%
$614,400
—
2017
$19,735
2%
$614,400
—
2016
$19,378
—
$614,400
—
2015
$19,416
2%
$615,600
—
2014
$18,991
3%
$615,600
—
2013
$18,456
—
$615,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 53 Providence St
53 Providence Street, West Warwick, RI 02893 (MLS# 1422877) is a Commercial Service property. 53 Providence Street is currently listed for $2,650,000 and was received on September 15, 2026. Want to learn more about 53 Providence Street? Do you have questions about finding other Commercial Service real estate for sale in West Warwick? You can browse all West Warwick real estate or contact a Coldwell Banker agent to request more information.

