65 Child StWarren, RI 02885

  • Turn key restaurants
  • 576 SF
For Sale
$975,000 View listing

Property Details for 65 Child St

Year built
1950
Construction
FRAME
Lot size
0.05 AC
Property size (Sq ft)
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.

Location Insight

City
Warren
County
Bristol
State
Rhode Island
Latitude
41.73
Longitude
-71.2805
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,341
$100,900
$70,500
$171,400
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