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Mixed-Use Building with Storefronts
For Sale
$1,599,000

30 Bradford Street Bristol, Bristol, RI 02809

Restored mixed-use property combining storefront-facing commercial space with two residential apartments.

Property Size5,724 SF
Price / SF$279.35
Days on Market137

Property Features for 30 Bradford Street Bristol

General Information

Standard status Active
Size 5,724 SF
Zoning W
Lease Type Gross
Net Operating Income $75,845

Units

Multifamily Units 2
Office Units 3

Taxes and HOA fees

Annual Taxes $9,355

Building Details

Building Size 5,724 SF
Year Built 1890
Tenancy Multi
Listed By: Debra Viveiros
Source: Milestonerealtyinc
Added: Jun 4 Changed: Aug 8 Last Checked: Jun 5 at 1:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Debra Viveiros

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Investment Insights

Based on property information with market context.

This restored mixed-use building includes a main lobby and central hallway anchored by two storefront windows, leading to a large commercial unit. The commercial space is configured with two additional rooms, three private offices, and a shared half bath. The property also features two residential apartments on the second floor.

The updated second-floor apartment offers a bright open-concept living layout with five skylights, a renovated kitchen with marble countertops and stainless steel appliances, two spacious bedrooms, and an office/laundry area plus a full bath. The townhouse-style loft apartment includes a private rear entrance, open living space with two skylights, two bedrooms with a primary suite that has a private bath, and an additional full bath with laundry.

Situated in the waterfront historic district of downtown Bristol, the storefront frontage provides visibility for office or retail-oriented users, while the two apartments support flexible live-work or owner-occupant scenarios. The internal office layout, shared half bath, and multiple room configuration can accommodate a range of professional business needs alongside residential use.

Key Highlights

  • Built in 1890, restored mixed‑use property with storefront‑facing commercial space plus two residential apartments
  • Commercial space features storefront windows, main lobby and central hallway, large unit with two additional rooms, and three private offices
  • Commercial level includes a shared half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,945
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,958,900 $2.0M
Cap Rate 7%
$1,399,214 $1.4M
Cap Rate 9%
$1,088,278 $1.1M
Market Conditions
NOI Build-Up for 5,724 SF
Gross rent
$154.5K $27.00/SF
− Vacancy
−$24.0K −$4.19/SF
EGI
$130.6K $22.81/SF
− OpEx
−$32.6K −$5.70/SF
NOI
$97.9K $17.11/SF
Area
Bristol County, RI
Vacancy
15.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,958,900
Cap Rate 7%
$1,399,214
Cap Rate 9%
$1,088,278

Alternative Uses

Best Use
Office B
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,945 @ 7.0% cap · market cap 6.13%
Second Best
Multifamily LT 5
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,656 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$1.91M
$1.68M – $2.23M (±1% cap)
NOI $134,049 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bristol RI Hypnotherapy Alternative Medicine Practice Bristol Wellness Wellness Program Don Bobola Pmhcns-Bc Physician Bristol Psychiatry Hospital Oggi Photo Photography Service

Suggested Use

Top Pick Dental Office Garden Center (Bike/Boat/Book/etc) Store Accounting Firm Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 02809, RI

22,493
Population
9,670
Households
2.3
Avg Household Size
44
Median Age
46%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,295
Density / Sq Mi
$96,005
Median Household Income
$41,266
Median Earnings
$1,352
Median Rent
$447,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - Restored mixed-use property combining storefront-facing commercial space with two residential apartments.
Where is this live-work space located?
The property is located at 30 Bradford Street Bristol Bristol, RI.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Built in 1890, restored mixed‑use property with storefront‑facing commercial space plus two residential apartments; Commercial space features storefront windows, main lobby and central hallway, large unit with two additional rooms, and three private offices; Commercial level includes a shared half bath
More about this property
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