Waterfront
Address
18 WATER Street, Warren, RI
Price
$ 1,199,900
Property Attributes
- MLS#1345405
- TypePending
- CountyBRISTOL
- CityWarren
- NeighborhoodDowntown Warren
- Zip02885
- StyleCommercial
- Year Built1900
- Taxes$ 12283
- Price$ 1,199,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5100
- Lot Size0.190542 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Fantastic Investment Opportunity! Welcome to this charming commercial building, situated in the heart of a bustling village. This totally renovated property presents an incredible chance to own a versatile space that is currently operating as a well-being clinic w/ an apothecary storefront. The sale includes the 2 buildings, and if desired, the existing apothecary can be seamlessly transferred to the new owner. The front area of the building houses the apothecary, showcasing natural health products, herbs, & remedies. Additionally, the 2nd floor boasts 2 apartments that previously served as residences. While they currently lack kitchens, the layout & infrastructure make it easy to add them back in w/ town approval. There is also a spacious barn situated in the parking lot. This barn may be transformed into a studio apartment, ice cream.... The possibilities are endless subject to town approvals. Let your imagination run wild. Speaking of the parking lot, you'll have room for up to 10 cars for guests and staff. This property benefits from high visibility & a steady flow of foot traffic. Take advantage of the proximity to other businesses, shops, waterfront, and amenities, fostering collaboration and growth. Don't miss this exceptional opportunity to acquire a thriving commercial space with endless potential. Whether you are an entrepreneur looking to expand an existing business or an investor seeking a solid income-generating asset, this property ticks all the boxes.
| Price History | |
|---|---|
| 10/5/2023 | Listed $1,199,900 |
General Features
| Sewer | PublicSewer |
|---|---|
| Cooling | CentralAir |
| Possession | Negotiable |
| Security Features | SecurityLights |
| Construction Materials | Frame |
| Year Built | 1900 |
| Electric | Item100AmpService,Item200AmpService |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Business Type | ArtsandEntertainment,BarberBeauty,Bakery,BarTavernLounge,Dental,GiftShop,HealthServices,IceCreamFrozenYogurt,Medical,Mixed |
| County | BRISTOL |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Downtown Warren |
| Possible Use | Commercial,Investment,MedicalDental,MultiFamily,MixedUse,Office |
| Garage Y/N | No |
| Building Features | PublicRestrooms |
| Status | Pending |
| City | Warren |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 1 |
| Lot Size Square Feet | 8300.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | WATER |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Tax Annual Amount | 12283.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/18-2022-Water-St-Warren-RI-02885--1345405 |
| Days on Market | 102 |
| Structure Type | Apartment |
| Standard Status | Pending |
| Occupancy Type | Owner |
| Tax Assessed Value | 837200 |
| Tax Lot | 2 |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | CrawlSpace |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Above Grade Finished Area | 5100.0 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | HistoricDistrict |
|---|---|
| Total Parking | 10.0 |
| Lot Size Area | 8300.0 |
| Number of Buildings | 3 |
| Spa | No |
| Building Area Total | 5100.0 |
| Lot Size Units | SquareFeet |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 02885
Price
Taxes
Visits
Year Built
Walkscore
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