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Property summary
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.
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
Price anchors at 6 / 6.5 / 7% — in the full report.
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
- 576 SF
- Lot area
- 0.05 ac
- Year built
- 1950
- Stories
- 1
- APN
- WARR M:9 L:99
- Zoning
- B
- Assessed value · 2023
- $171,400
- Annual tax · 2023
- $2,341
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $2,341
- Selected 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
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 all other commercial areas which are not in the village business district, and which are suitable for more intensive business uses, including those areas along major thoroughfares where businesses…
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
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- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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