16 Miller St Warren, RI 02885
This exceptional mixed-use property at 16 Miller Street in Warren, Rhode Island, presents a unique investment opportunity. Built in 1965, this single-building property sits on an 8,712 square foot lot and offers a total of 747 square feet of versatile space. The building's configuration allows for flexible use as a traditional office, storefront, warehouse, or creative office space, catering to a variety of business needs. The interior is currently finished and open, easily adaptable to suit individual requirements. Alternatively, the space can be divided into two adjacent rooms, each with dual access to a shared hallway. This adaptable layout provides significant flexibility for potential tenants. The property includes the benefit of off-street parking and utilities are included in the asking price of $1,400. Tenants are responsible for their own cable television and internet services. The prime downtown Warren location offers easy access to a vibrant array of local boutiques and restaurants, enhancing the property's appeal and potential for attracting a diverse clientele. This is an ideal opportunity for a business seeking a well-located, versatile space in a thriving Rhode Island community. The property is zoned for mixed-use, allowing for a variety of commercial applications.
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.