Metacom Ave Warren, RI 02885
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Metacom Ave
- Year built
- 1920
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Bristol
- State
- Rhode Island
- Longitude
- -71.2695
- Latitude
- 41.7323
