Entity Owned Property summary
This exceptional 14,618-square-foot commercial property, located at 28 Market Street in Warren, Rhode Island, presents a unique investment opportunity. Originally the Second Story Theatre building and restaurant, this three-story structure underwent a complete renovation in 2017, exceeding $3 million in improvements. The building boasts a large open floor plan (former theater), newly renovated office space, and a state-of-the-art restaurant area complete with a full commercial kitchen, custom… bar, and custom seating. Features include five bathrooms, an elevator, high ceilings, and ample parking. The extensive renovation included new spray foam insulation, siding, boiler, copper pipes, and water heater. Heating is provided by a hot air system. The property sits on a 0.201-acre lot and includes deeded parking for 40+ vehicles, with an adjacent paved lot also available. Built in 1900, this meticulously renovated building offers a blend of historic charm and modern functionality, ideal for a variety of commercial uses. The property is offered for sale.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,132 SF
- Lot area
- 0.2 ac
- Year built
- 1900
- Stories
- 2
- APN
- WARR M:3 L:77
- Zoning
- VB
- Assessed value · 2023
- $900,400
- Annual tax · 2023
- $12,299
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district includes the central business area off Main Street as well as the business area off Child Street and Metacom Avenue, where permitted business uses are in character and scale with the mixed-use areas of town…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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