971 Main Street West Warwick, RI 2893
- Added:
- Oct 31, 2024
- Days on Market:
- 546
- Last Refresh:
- Apr 25 at 6:32 am
Property Features for 971 Main Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing agent Bryan Chase (401) 391-7437
Listing office RE/MAX Revolution (401) 391-7437
Listing date Oct 31, 2024
Source Liongatere
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 Revolution
Overview
Mixed-Use Investment Opportunity
This mixed-use building, known as the Flanagan Building, presents an investment opportunity in the heart of Phenix. The property features five currently leased residential units, including three 2-bedroom units and two 1-bedroom units, each equipped with its own water tank and furnace. Additionally, there are three vacant commercial units awaiting customization to suit new businesses. The first commercial unit, previously a bar for 30 years, has been gutted and is plumbed for two restrooms and a kitchenette. The second, middle unit contains a fully equipped kitchen, suitable for a take-out restaurant or to augment the adjacent unit, which could be built out as a pub or tavern. The third unit is move-in ready. The property includes parking lots that exceed commercial and residential needs. The seller seeks an entrepreneurial buyer with vision to realize its true value. The property is being sold AS-IS and at ASKING PRICE. Seller Will Consider Financing.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- West Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5241575
- Latitude
- 41.7156242
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with residential and commercial units in Phenix.
Where is this mixed-use property located?
The property is located at 971 Main Street West Warwick, RI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Highly visible location at a T‑intersection in the heart of Phenix.; Mixed‑use building with 5 currently leased residential units providing immediate income.; 3 vacant commercial units offer significant potential for customization and increased revenue.
