Metacom Ave Warren, RI 02885
This exceptional commercial property at 322 & 325 Metacom Avenue in Warren, Rhode Island, presents a unique investment opportunity. The sale includes a fully operational, turnkey restaurant with 1,649 square feet of retail space. A significant advantage is the inclusion of a transferable liquor license, a valuable asset for any food and beverage establishment. The property also boasts a substantial 5,532 square feet of land, plus an additional 5,706 square feet of vacant land providing ample off-street parking for approximately 30 vehicles. This expansive parking area is a significant benefit for customers and staff. The property is zoned Village Commercial and enjoys a convenient location along a bus line, ensuring accessibility for employees and patrons. Its proximity to the Massachusetts state line (5 minutes away) further enhances its appeal. All furniture, fixtures, and equipment (FF&E) are included in the sale price of $620,000. While currently operating as a restaurant, the zoning allows for a variety of retail uses, making this a versatile and attractive investment opportunity. The 0.13-acre lot offers significant potential for expansion or redevelopment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.