65 Child St Warren, RI 02885-3218
- Turn key restaurants
- 576 SF
- 0.05 lot acres
Jan 27, 2023
Current Use by Public Records
- Del's Depot (a Del’s Lemonade franchise) / Ice Cream Shop
Property Details for 65 Child St
- Year built
- 1950
- Construction
- FRAME
- Lot size
- 0.05 lot acres
- Property size
- 576 SF
- Zone code
- B
- Property type
- Turn key restaurants
- APN
- WARR M:9 L:99
- APU
- WARRM9L99
Description
This exceptional investment opportunity presents a fully renovated, high-visibility commercial property in downtown Warren, Rhode Island, situated directly on the East Bay Bike Path. The property, encompassing 1,152 square feet, houses a thriving Del's Frozen Lemonade franchise, offering a turnkey business ready for immediate success. The building boasts recent renovations including updated security systems, plumbing, and electrical work, along with a convenient takeout window. An outdoor seating area provides ample space for customers to enjoy their refreshments. The property also includes private parking and a dedicated storage unit. The sale includes a comprehensive equipment package featuring two delivery vehicles (including a vintage Chevy step truck), five frozen lemonade carts complete with umbrellas, and modern square equipment for transactions. Franchise rights extend to both Bristol and Warren, Rhode Island. Significant upgrades have been implemented, including an advanced water filtration system, efficient AC/heating units, and a French drain system. Financial details, including profit and loss statements and inventory lists, are available upon request for qualified buyers. This established business presents a unique opportunity for entrepreneurs or investors seeking a profitable venture with an existing loyal customer base. Flexible ownership options are available: purchase the business and real estate outright, or acquire the franchise and lease the property. The asking price for this exceptional offering is $975,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Bristol
- State
- Rhode Island
- Longitude
- -71.2805
- Latitude
- 41.73
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA