Restaurant Building with Liquor
275 Child St Warren Warren, RI 02885
275 Child St Warren, Warren, RI, 02885
$1,400,000
For Sale
$1,400,000
For-sale restaurant building with equipment and liquor license included for the real estate purchase.
Property Size5,200 SF
Price / SF$269.23
Days on Market128
Property Features for 275 Child St Warren
General Information
- Standard status
- Active
- Size
- 5,200 SF
Building Details
- Year Built
- 1960
Listing Agency
(508) 643-8166
Listed by
Amanda Lucido Hodges
(508) 643-8166
Source
Bournetosellrealestate
Added: Mar 16 Updated: Jul 10 at 3:59 pm Checked: Jul 19 at 2:38 am
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 Amanda Lucido Hodges
Investment Insights
Based on property information with market context.
This for-sale commercial building at 275 Child St is approximately 5,200 square feet and was formerly operated as a restaurant. The property includes a functional layout intended for food service, with flexibility noted for adaptation to other commercial concepts such as a café, retail use, or other ventures.
The building is located in Warren and is described as being positioned in a highly visible, active area with nearby shops, restaurants, and local businesses. The offering is for the real estate only, and the published terms specify that the business itself is not included in the sale.
As presented, the purchase includes the building along with equipment and a liquor license. This makes the property a practical fit for an owner-user who wants to restart food service or convert the space for a different retail or commercial use, using the included operating assets that transfer with the real estate.
The building is located in Warren and is described as being positioned in a highly visible, active area with nearby shops, restaurants, and local businesses. The offering is for the real estate only, and the published terms specify that the business itself is not included in the sale.
As presented, the purchase includes the building along with equipment and a liquor license. This makes the property a practical fit for an owner-user who wants to restart food service or convert the space for a different retail or commercial use, using the included operating assets that transfer with the real estate.
Key Highlights
- Commercial building at 275 Child St in the heart of Warren, built in 1960
- Previously operated as a restaurant, with layout suited to food service use
- Includes equipment and a liquor license with the real estate purchase
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.9k | $24.60 |
| − Vacancy | −$4.9k | −$0.93 |
| EGI | $123.1k | $23.67 |
| − OpEx | −$30.8k | −$5.92 |
| NOI | $92.3k | $17.75 |
5,200 SF · lease $24.60/SF/yr · vacancy 3.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,294 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,778 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mr. Chicken Warren
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - For-sale restaurant building with equipment and liquor license included for the real estate purchase.
Where is this conventional restaurant located?
The property is located at 275 Child St Warren Warren, RI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Commercial building at 275 Child St in the heart of Warren, built in 1960; Previously operated as a restaurant, with layout suited to food service use; Includes equipment and a liquor license with the real estate purchase
