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18 - 20-22 Water Street Warren

$1,199,900
0 5,100 sq ft

The Property

Fantastic Investment Opportunity! Welcome to this charming commercial building, situated in the heart of a bustling village. This totally renovated property presents an incredible chance to own a versatile space that is currently operating as a well-being clinic w/ an apothecary storefront. The sale includes the 2 buildings, and if desired, the existing apothecary can be seamlessly transferred to the new owner. The front area of the building houses the apothecary, showcasing natural health products, herbs, & remedies.

Additionally, the 2nd floor boasts 2 apartments that previously served as residences. While they currently lack kitchens, the layout & infrastructure make it easy to add them back in w/ town approval. There is also a spacious barn situated in the parking lot. This barn may be transformed into a studio apartment, ice cream…. The possibilities are endless subject to town approvals. Let your imagination run wild. Speaking of the parking lot, you’ll have room for up to 10 cars for guests and staff. This property benefits from high visibility & a steady flow of foot traffic. Take advantage of the proximity to other businesses, shops, waterfront, and amenities, fostering collaboration and growth. Don’t miss this exceptional opportunity to acquire a thriving commercial space with endless potential. Whether you are an entrepreneur looking to expand an existing business or an investor seeking a solid income-generating asset, this property ticks all the boxes.

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Listing Details

MLS Number

1345405

Lot Size:

0.19 acres

Features

  • Basement: Crawl Space
  • Restrooms
  • Security Lights
  • Type: Apartment,Arts and Entertainment,Bakery,Bar/Tavern/Lounge,Barber/Beauty,Beauty Service,Books/Cards/Stationary,Candy/Cookie,Decorator,Dental,Duplex/Fourplex,Executive Suites,Fitness,Flex Space,Free-Standing,Gift Shop,Health Care,Ice Cream/Frozen Yogurt,Medical,Mixed Use,Museum/Gallery,Office
  • Year Built: 1900

Market Trends for Commercial Properties
in Warren

  • Overview
    Homes for Sale Today4-93.4% decrease in inventory
    New on Market *1100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$1.87$2 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Harborside Realty

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