Active
18 Water Street
Warren RI, 02885
$1,199,900
$235.27 per sqft
Active
2 Baths
5,100 sqft
Multi-family
Built in 1900
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.
1345403
MLSⓇ ID
October 5, 2023
Listed
October 16, 2023
Updated
Map
18 Water Street
Warren RI, 02885
Interior Features
Total Stories
3
Bathrooms
2 Baths
Interior Features
Bathroom Rough-In, Cathedral Ceiling(s)
Appliances
Electric Water Heater, Gas Water Heater
Laundry Description
Common Area
Floor Description
Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
0.19 acres
Exterior Features
Outbuilding
Sewer
Connected
Other Property Details
Taxes
$12,283
Tax Frequency
Annually
Days on Market
10
Association Amenities
Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
Garage
No
Parking
No Garage
Parking Total
10
View
No
County
BRISTOL
Water Source
Public
Pool
No
Waterfront
Yes
Courtesy of Harborside Realty
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Libby Kirwin Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 7:30 AM UTC, 10/16/2023.