Warwick, RI Michael Alves and Arnold Baskin of the Elite Group at KW Commercial sold 120 Lambert Lind Hwy. for $1.725 million.

The property, an 18,000 s/f retail center with a 9.68% cap value, was sold by Damar Realty, LLC to Yiqiag Chen.

Elite Commercial acted on behalf of the buyer and the seller.