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    Mixed-Use Retail and Apartment Building Title is generated by Realmo AI

    366 Wood Street, Bristol, RI 02809

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    Claim this Listing
    For Sale
    $550,000

    First-floor retail with an upper two-bedroom apartment offers flexible live/work or investment options.

    Type:General Commercial
    Property size:
    2,100 SF
    Price / SF:
    $261/SF
    Added:
    Mar 30, 2026
    Days on Market:
    78
    Last Refresh:
    Jun 14 at 1:47 am

    Property Features for 366 Wood Street

    General Information

    Standard status
    Active
    Size
    2,100 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1900

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    Listing Contact
    Suzanne Kekligian

    Listing agent Suzanne Kekligian

    Listing office RE/MAX Profnl. Newport, Inc.

    Listing date Mar 30, 2026

    Source Xome

    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 RE/MAX Profnl. Newport, Inc.

    HighLights

    • Mixed‑use property with 1st‑floor commercial space and an upper 2‑bedroom, 1‑bath apartment
    • 1st‑floor space previously operated as a cafe/catering business
    • 2nd floor includes 2 bedrooms and 1 bath, plus a spacious 3rd‑floor bonus room with kitchenette and bathroom
    • Apartment features recessed lighting and newer appliances in the kitchen
    • Heating: 3; cooling: none, gas
    • Zoned LB; exterior features include a tennis court and sidewalks, with public transport nearby

    Overview

    This mixed-use property includes a first-floor commercial space and two residential levels above. The ground floor was previously operated as a cafe/catering business and includes the type of setup suited to food service or other retail uses. The second floor features a spacious, bright two-bedroom, one-bath apartment with an open living area and a kitchen that is fully equipped, with recessed lighting and newer appliances. The primary suite includes an extra-large closet. Additional residential amenities include a jetted tub and a dedicated laundry room. A third-floor bonus room is also available, with a kitchenette and bathroom.

    The property is located at 366 Wood Street in Bristol, Rhode Island, with excellent street visibility. The surrounding area includes Unity Park and Bristol Town Common, along with boutique shopping, marinas, and acclaimed local dining, supporting strong day-to-day neighborhood activity.

    For tenants or owner-occupants, the building provides separate commercial and residential components, allowing a foodservice, cafe, or retail concept on the first floor while maintaining comfortable on-site living above. Investors may also view the layout as a straightforward way to combine income-producing space with an on-premises residence, while retaining flexibility to reposition the commercial area to a new operator or use.

    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 $51.7k $24.60
    − Vacancy −$2.0k −$0.93
    EGI $49.7k $23.67
    − OpEx −$12.4k −$5.92
    NOI $37.3k $17.75
    2,100 SF · lease $24.60/SF/yr · vacancy 3.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $532.5K
    $465.9K – $621.2K (±1% cap)
    NOI $37,273 @ 7.0% cap · market cap 6.78%
    Second Best
    Apartment 5plus
    $455.0K
    $398.2K – $530.9K (±1% cap)
    NOI $31,852 @ 7.0% cap · market cap 5.79%
    Theoretical Best
    Office A
    $702.6K
    $614.8K – $819.7K (±1% cap)
    NOI $49,180 @ 7.0% cap · market cap 8.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Bristol
    State
    Rhode Island
    Longitude
    -71.2712121
    Latitude
    41.6720203

    FAQs

    What type of property is this?
    Mixed-use property - First-floor retail with an upper two-bedroom apartment offers flexible live/work or investment options.
    Where is this mixed-use property located?
    The property is located at 366 Wood Street Bristol, RI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Mixed‑use property with 1st‑floor commercial space and an upper 2‑bedroom, 1‑bath apartment; 1st‑floor space previously operated as a cafe/catering business; 2nd floor includes 2 bedrooms and 1 bath, plus a spacious 3rd‑floor bonus room with kitchenette and bathroom
    More about this property
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