941 Shore RdWarwick, RI 02889

  • Mixed-use properties
  • 4,440 SF
For Sale
$850,000 View listing

Property Details for 941 Shore Rd

Year built
1915
Construction
FRAME
Lot size
0.10 AC
Property size (Sq ft)
4,440 SF
Zone code
GB
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
WARW M:332 B:0501 L:0000
APU
WARWM332B0501L0000

Description

This exceptional mixed-use property at 941 West Shore Road, Warwick, Rhode Island, 02889, presents a lucrative investment opportunity. The 4,356 square foot lot houses a three-story, 1915-built building encompassing a fully operational and leased bar and two updated apartment units, currently rented month-to-month, generating strong rental income. The bar boasts a spacious layout and complete equipment. Each apartment unit has undergone recent renovations. This prime location in Warwick offers high visibility and accessibility, situated near various shopping, dining, and local amenities, ensuring a steady stream of customers for the bar and tenants for the apartments. The property's strong rental income potential, combined with the established bar business, makes this a compelling investment in a desirable Rhode Island location. The building consists of one structure with three stories. The asking price for this exceptional property is $850,000. This is a rare chance to acquire a thriving business and rental property in a high-traffic area.

941 Shore Rd, Warwick, Rhode Island

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.7202
Longitude
-71.3781
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
-
$73,900
$284,600
$358,500
-
-
-
-

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