440 - 436 Main ST Warren, RI 02885

$795,000
440 - 436 Main ST, Warren, RI 02885
1191913

Commercial Property for sale in Warren, RI

for $795,000. This building was built in 1900 on a lot size of 0.1185 Acre(s).

Property Information

  • $795,000
  • Commercial
  • Taxes are $8,203
  • Commercial
  • Active
  • 2 Floors
  • Lot size of 0.1185 Acre(s)
  • Built in 1900
  • Warren, RI
  • Bristol County
  • MLS/Web ID is 1191913

 Virtual Tour

Description

Great Opportunity to Invest in a Very Up & Coming Historic Downtown area in Warren, known for its great restaurants, East Bay Bike path, waterfront, theater and artistic community. Located on one of the most highly visible blocks in downtown, w/high foot and car traffic (nearly 25, 600 is the average daily traffic count), near busy coffee shops and Federal Hill Pizza restaurant. All residential units have been totally renovated. Updated high efficiency heating system, electric and fire system. All units have high 12' ceilings, offering lots of natural light with great window visibility for a retail & food & beverage business. There is street parking & municipal lots across the street. Also located on the public transportation rt. to Providence & Newport. Warren is centrally located w/easy access to highway & only 15 minutes to Providence, 25 minutes to Newport, and 1 hour to Boston or Cape Cod. There are many interesting possibilities with this property! This property is currently producing $93, 120, at 8.07% CAP RATE. Duplicate listing see MLS

Interior 5

Basement

  • Full Basement

Cooling System

  • Window Unit(s)

Heating Source

  • Gas

Heating System

  • Steam

Water Source

  • City Water
  • Connected
  • Municipal

Exterior 6

Community Amenities

  • Jog \ Walking Path
  • Marina
  • Restaurant
  • Security

Construction

  • Brick
  • Frame

Foundation

  • Brick

Land Improvements

  • Sidewalks
  • Street Lights

Road Frontage

  • Municipal Road
  • Near Interstate Exit
  • Other

Zoning

  • Historical

Miscellaneous 5

Commercial

  • 440 Volts

Location

  • Downtown
  • Near Golf Course
  • Near Highway
  • Near Hospital
  • Near Recreation
  • Near School
  • Near Shopping

Public Transportation Location

  • Close to Bus

Unit Location

  • Corner

Utilities

  • Electric
  • Electric 400 Amps
  • Gas
  • Gas Available

Rental 2

Landlord Pays

  • Insurance
  • Sewer
  • Taxes
  • Trash/Garbage Pickup
  • Water

Tenant Pays

  • Electric
  • Heating
  • Trash

† Excluded Feature

Listed By

Broker: KELLER WILLIAMS RLTY NEWPORT

440 - 436 Main ST, Warren, RI, 02885 is a Commercial Property for sale at $795,000 with a lot size of 0.1185 Acre(s). 440 - 436 Main ST has 0.0 baths and was built in 1900. The property's zip code is 02885 which is in Warren, RI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Warren $407,719 49 % below $312,900 61 % below
Commerical listings in Warren $455,543 43 % below $265,000 67 % below

Get the facts about Warren, RI!

Population 10,560
Population Growth (since 2000) -7 %
Median Income $53,952
Median Age 45.58
Households w/ Children 24 %

Residential Dwellings

  • Owned 2692
  • Vacant 466
  • Rented 1934

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363