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Property profile & analytics
OFF-MARKET
Commercial real estate

Metacom Ave Warren, RI 02885

0.13 ac lot Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1920
Lot 0.13 ac (5,663 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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