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Property profile & analytics
OFF-MARKET Estimated value $3,420,000
Commercial real estate

16 Cutler St Warren, RI 02885-2770

34,833 SF 2.09 ac lot Built 1900
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US76-0051654
Property summary
AI-generated overview

Cutler Mill, a historic landmark in Warren, Rhode Island, offers 14,157 square feet of prime commercial space for lease. This multi-tenant property, zoned B-Business, is ideally situated at 16 S Cutler St, 02885, in Bristol County. The building offers flexible spaces ranging from a minimum of 295 square feet to a maximum contiguous space of 4,378 square feet, with a total of 8 spaces currently available. The property boasts ample on-site parking, making it convenient for both employees and clients. Its location in a bustling commercial area provides excellent visibility and access to a diverse mix of established businesses, shops, restaurants, galleries, and artist studios. The versatile space is suitable for a variety of uses, including but not limited to executive offices, retail, restaurants, breweries, event spaces, or performing arts venues. A significant portion of the space features approximately 2100 square feet of indoor space and an additional 2100 square feet of outdoor space, accommodating large groups. A well-equipped commercial kitchen and three bathrooms are included. The property enjoys easy access to major Rhode Island cities such as Bristol, Providence, and Newport, benefiting from strong demographics and a convenient location. This exceptional opportunity presents a chance to establish a business in a prestigious and vibrant waterfront community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 34,833 SF
Lot 2.09 ac (91,075 SF)
Zoning code B
APN WARR M:9 L:84
UPID US76-0051654
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
Current use
Occupant on record · Public records
  • East Bay Chamber of Commerce Business Service Center Advocacy Group
  • AVTECH Software, Inc. Industrial Manufacturer Production Facility
  • psc concealed carry academy Security Service
  • PacketMedical Tech Support Center IT Consulting Firm
  • PacketLogix, Inc. Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.20M
Blend (final) Blend
$3.42M
Owner & transaction history
Sigourney LLC · 17 yrs held
Sigourney LLC
since 2008
5 recorded transactions
2017
Price N/A
2012
Price N/A
2008
$1.7M
2004
Price N/A
1969
Price N/A
Zoning & alternative use
B · Warren, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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