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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Listing courtesy of Harborside Realty Phone: 401-253-0009