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18 WATER ST Warren, RI 02885
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Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $225
Subdivision Downtown Warren
MLS Listing ID 1345405
Year Built 1900
Annual Tax Amount $12,283
Tax Year 2023
Lot Size 8,300 Sqft
Property Sub-Type Commercial
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.
Location
State RI
County Bristol
Community Downtown Warren
Interior
Cooling Central Air
Building
Lot Description Historic District
Building Description Frame, Public Restrooms
Sewer Public Sewer
Structure Type Frame
New Construction No
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Bought with Westcott Properties

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