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18 Water Street

Warren, RI 02885
  • $1,199,900
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 1345403
$1,199,900
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 5,100
    SQFT
  • $235
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

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.

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[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-01T23:37:54.747.
www.krekorianteam.com/homes/144120193
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18 Water Street Warren, RI 02885

  • Price: $1,199,900
  • Status: Active
  • On Site: 57 Days
  • MLS #: 1345403
0
Beds
0
Baths
2
½ Baths
0.19
Acres
5,100
SQFT
$235
$/SQFT
1900
Built
Neighborhood:
Downtown Warren
County:
Bristol
Area:
Warren
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.
Exterior Features

Construction Materials Plaster Clapboard Shingle Siding Covered Spaces 0 Foundation Details Stone Garage YN No Other Structures Outbuilding Parking Features No Garage Parking Total 10 Waterfront Features Walkto Water

Interior Features

Appliances Electric Water Heater Gas Water Heater Basement Crawl Space Exterior Entry Interior Entry Unfinished Basement YN Yes Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Carpet Ceramic Tile Hardwood Laminate Vinyl Heating Forced Air Gas Heating YN Yes Interior Features Bathroom Rough In Cathedral Ceilings

Property Features

Community Features Near Schools Public Transportation Recreation Area Restaurant Shopping Sidewalks Electric Item100 Amp Service Item200 Amp Service Human Modified YN No Land Lease YN No Laundry Features Common Area New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 12283 Tax Assessed Value 837200 Tax Lot 45 Tax Year 2023 Utilities Sewer Connected Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Harborside Realty: .



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-01T23:37:54.747.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882