388 Child Street Warren, RI $ 899,000
388 Child Street
$ 899,000
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388 Child Street

Warren, RI, 02885
$ 899,000
Bedrooms-- Baths-- Sq 4,389

Monthly Estimate*

$ 5,535

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Commercial Property for sale in Warren, RI

for $899,000. This 4,389 square foot building was built in 1880 on a lot size of 0.6.

Value Add Investment Alert! Amazing offering in the heart of Warren. This multifaceted property has a ton of potential for increased revenue & development. The property currently features a three family Victorian, a single family Colonial and a vacant lot which previously had a house on it as such is likely easily built upon. In addition there is ample land area behind the existing homes for another potential Cottage, ADU, Garage, etc. The first building: 388 Child is an attractive three family Victorian with sizable 2-3 bedroom units on the 1st & 2nd floors and a 1 bedroom unit on the 3rd floor. The character and charm that abound this Victorian are endless & irreplaceable. The second building: 384 Child is a beautiful Colonial with soaring ceilings and charming period details. This home offers 4 bedrooms and is ready to be restored to its original glory. All units offer separate electric, gas and water utilities. The vacant lot to the left of 384 Child already has a curb cut, all public utilities available and will likely provide a building site for another single or two family home. The excess land behind the existing structures adds another value add aspect of this dynamic offering. Zoned Village Business the possibilities are endless. Also being offered with 367 Child (2 unit commercial building), 373 Child (2 family), 377 Child (mixed use building) & an oversized detached garage for $1.499m (MLS# 1406004). Call/text/email agent for more details. Opportunity is knocking!

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Commercial Contingent

Price

$ 899,000

Property Type

Commercial

Taxes

$ 8,950

Style

Lot Size

0.6

Year Built

1880

Town/City

Warren

County/Region

Bristol

MLS | Web ID

1405973

Features
General
Sewer Connected Public Sewer Sanitary Storm Sewer
Heating Baseboard Ductless Gas Heat Pump Hot Water Individual
Cooling Ductless
Utilities Cable Available Electricity Available Fiber Optic Available Natural Gas Available Natural Gas Connected Municipal Utilities Phone Available Sewer Connected Water Connected
Possession Close Through 45 Days Negotiable
Zoning VB
Security Features Varies By Unit
Construction Materials Frame
Year Built 1880
Electric Separate Meters
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
Business Type Real Estate Residential
Community Features Highway Access Marina Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) High Traffic Location Street Lights Sidewalks
County Bristol
New Construction false
Property Type Commercial Sale
Contingency Soliciting Back-up Offers
Possible Use Commercial Development Investment Multi-Family Mixed Use Other Residential Single Family See Remarks Subdevelopment
Status Active Under Contract
City Warren
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 26136
Number of Units Leased 3
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 8950
Virtual Tour https://tour.RiLiving.com/388-Child-Street-Warren-RI-02885
Structure Type Apartment Multi Family
Standard Status Active Under Contract
Tax Assessed Value 877600
Tax Lot 16
Property Sub Type Additional Unimproved Land
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Interior
Basement Full
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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Exterior
Water Source Connected Multiple Meters Public
Total Parking 25
Lot Size Area 26136
Foundation Details Combination
Number of Buildings 2
Building Area Total 4389
Lot Size Acres 0.6
Road Surface Type Concrete
Frontage Length 215
Road Frontage Type City Street State Road
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* Excluded Features
List By
Ri Real Estate Services

Broker

mike@401sold.com

Email

Affordability Calculator

$6,281
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,535
Monthly Property Taxes
$746
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$899,000 Listed Price

Map


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388 Child Street, Warren, RI, 02885 is a Commercial Property for sale at $899,000 with 4,389 sqft and a lot size of 0.6. 388 Child Street was built in 1880. The property's zip code is 02885 which is in Warren, RI