275 Child St Warren, RI 02885
Property summary
This exceptional Warren, RI commercial property presents a unique opportunity to acquire a thriving, established restaurant complete with real estate and a valuable liquor license. The expansive 5,200 square foot building is impeccably maintained and boasts a versatile layout ideal for both everyday dining and special events. The property includes a dedicated venue room capable of hosting up to 125 guests, a main dining area seating 60, and a separate lounge area with capacity for 40 patrons. Ample parking is provided with over 30 designated spaces, ensuring customer convenience. The restaurant is fully equipped with high-end equipment, ready for immediate operation. The outdoor seating area adds to the property's appeal, offering a pleasant dining experience. Located on a 0.54-acre lot at 275 Child Street, this turnkey operation is priced at $1,500,000. This is an exceptional opportunity for an existing restaurant owner looking to expand or for a new entrepreneur seeking to establish a landmark business in a vibrant community. The inclusion of a liquor license significantly enhances the value and potential of this already impressive property. The property's size, amenities, and prime location make it an attractive investment with significant upside potential. Don't miss this chance to own a fully operational and successful restaurant business.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Warren market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R20 · Warren, RIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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