Property summary
This exceptional commercial property at 322 & 325 Metacom Avenue in Warren, Rhode Island presents a unique investment opportunity. The property encompasses a total of 7,355 square feet, strategically divided into a turnkey restaurant space (1,649 sq ft) and an additional 5,706 sq ft of vacant land ideal for off-street parking. A significant advantage is the inclusion of a transferable liquor license, a highly sought-after asset in the hospitality industry. The existing restaurant space is… ready for immediate operation, complete with fixtures, furniture, and equipment (FF&E). The property also features 5,532 square feet of land suitable for various commercial uses beyond restaurant operations, such as retail establishments. Its convenient location along a bus line and proximity (5 minutes) to the Massachusetts state line ensures high visibility and accessibility. The property is zoned Village Commercial, offering flexibility for a range of businesses. The 0.26-acre lot provides ample space for parking and potential expansion. This turnkey operation, combined with the additional land and transferable liquor license, presents a compelling opportunity for a savvy investor seeking a profitable venture in a prime location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
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 · 11 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
- 1,649 SF
- Lot area
- 0.13 ac
- Year built
- 1920
- Stories
- 1
- APN
- WARR M:11 L:139
- Zoning
- VB
- Assessed value · 2023
- $316,100
- Annual tax · 2023
- $4,318
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 any signals we can model, to 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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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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