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    Mixed-Use Property in Bristol, RI Title is generated by Realmo AI

    366 Wood Street, Bristol, RI 02809

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    Claim this Listing
    For Sale
    $550,000

    COMMERCIAL - Bristol, RI

    Type:Apartment
    Property size:
    2,100 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $261/SF
    Added:
    May 1, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 17 at 2:06 am

    Property Features for 366 Wood Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Zoning
    LB
    Rooms
    Basement
    Interior features
    Ceiling Height (15 to 17 Ft)
    Basement
    Full
    Standard status
    Active
    Size
    2,100 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6170

    Utilities

    Heating system
    Baseboard, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2

    We can help!

    Listing Contact
    Suzanne Kekligian

    Listing agent Suzanne Kekligian

    Listing office Re/Max Profnl. Newport, Inc. 55 Memorial Blvd, Newport, RI

    Listing date May 1, 2026

    MLS# 1411521

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use property with commercial space and a 2‑bedroom apartment
    • Prime location with excellent street visibility, suitable for cafe, eatery, or retail
    • Spacious 2‑bedroom apartment with a large 3rd‑floor bonus room, kitchenette, and bathroom
    • Fully equipped kitchen with newer appliances and open living area
    • Large backyard perfect for outdoor gatherings
    • Located blocks from Unity Park, Bristol Town Common, shopping, marinas, and dining

    Overview

    This mixed-use property presents an opportunity for investors or owner-occupants. The first floor commercial space, previously a cafe/catering business and Wood Street Pizza restaurant, offers street visibility and is suited for a cafe, eatery, or retail concept. The second floor features a two-bedroom, one-bath apartment with a large third-floor bonus room, kitchenette, and bathroom. The primary suite includes an extra-large closet. The kitchen is equipped with recessed lighting and newer appliances, flowing into an open living area with natural light. Additional features include a jetted tub and laundry room. A backyard provides an outdoor space. The property is located blocks from Unity Park, Bristol Town Common, boutique shopping, marinas, and local dining. The property is situated on a 0.17-acre lot and has a total size of 2100 square feet.

    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.
    Property Profile 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
    -71.270867
    Latitude
    41.672084

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential apartment.
    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 commercial space and a 2‑bedroom apartment; Prime location with excellent street visibility, suitable for cafe, eatery, or retail; Spacious 2‑bedroom apartment with a large 3rd‑floor bonus room, kitchenette, and bathroom
    More about this property
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