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873 Warwick Ave, Warwick, RI, 02888

0beds
3baths
4,144sqft
$635,000
$153price/sqft
$5,078/moest. monthly cost
$203,120/yrincome needed

About This Home

"Stately and Commanding"describe this 1930's Colonial seated perfectly on a 3/4 acre lawn surrounded by mature trees and ample parking. Current use is office/commercial, but this could be purchased and converted back to residential with a few modifications. The interior has over 4000 sqft of office/flex spaces. The building formerly housed a Law Office, a Real Estate Office and currently has only 3 spaces occupied with long term tenants. The current interior configuration holds 10 separate offices some of which could be reconfigured for additional tenants. Once a grand residence, the property is still zoned residential with a business use permit. 873 Warwick Avenue offers a great opportunity for investers or relocating a company headquarters. Check with the city about the possibilities of going back to residential. Close by RI's International Airport, minutes to Downtown Providene, Quick train ride to Boston, New York and beyond. This location offers endless possibilities at a price that can't be beat.

Getting Around

60
WalkingSomewhat Walkable
35
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

6/10
Holliman SchoolGrades K-50.5 mi
7/10
Pilgrim High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1938

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Plaster,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Tankless Water Heater,Microwave,Oven/Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Partial,Interior Entry,Unfinished,Common

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 2

Features

  • Wall (Plaster),Stairs,Plumbing (Mixed),Insulation (Cap),Insulation (Floors),Insulation (Walls)
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,144

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,144
  • Total interior livable area: 4,144 sqft

Property

Details

  • Parcel number: 873WARWICKAVWARW
  • Zoning: A 10
  • Other equipment: Cable TV
  • Foundation area: 2464

Features

  • Waterfront features: Walk to Fresh Water

Lot

  • Lot size: 0.74 Acres
  • Features: Paved

Parking

  • Total spaces: 16
  • Parking features: No Garage,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,210$38,520
Home Insurance *$301$3,612
Property Taxes $724$8,688
Electricity $843$10,127
Total$5,078$60,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,102/yr
40% on housing$152,340/yr
45% on housing$135,413/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$153This listing

vs Other Active Listings

Avg $/sqft

ZIP 02888$205
Kent County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 02888$275
Kent County$267

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Price change$635,000
2026-06-22Listed for sale$685,000

For Sale by Agent

AgentStephen Antoni
BrokerageMott & Chace Sotheby's Intl.

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