322 Metacom AveWarren, RI 02885

  • Turn key restaurants
  • 1,649 SF
For Sale
$675,000 View listing

Property Details for 322 Metacom Ave

Year built
1920
Construction
FRAME
Lot size
0.13 AC
Property size (Sq ft)
1,649 SF
Zone code
VB
Property type
Turn key restaurants
APN
WARR M:11 L:139
APU
WARRM11L139

Description

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.

Location Insight

City
Warren
County
Bristol
State
Rhode Island
Latitude
41.7302
Longitude
-71.2693
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
$4,318
$122,400
$193,700
$316,100
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