18 20-22 WATER Street, Warren, RI, 02885

18 20-22 WATER Street, Warren, RI, 02885

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.


Status:

Pending

Type:

Commercial

Units:

1

Complex:

Downtown Warren

Cooling:

Central Air

Basement:

Crawl Space

Parking:

10-car

Est. Taxes:

$12,283

Assessment

$837,200

Permitted Use

Commercial,Investment,Medical/Dental,Multi-Family,Mixed Use,Office

Construction

Frame

Lot Description:

Historic District

Days on Market:

102

MLS #:

1345405


Community Info

School Info

Walk Score

Mass Transit

Yelp


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