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489 Main Street Warren

$788,000
5 3.2 4,905 sq ft

The Property

LOCATION!! LOCATION!! A great opportunity to have your own business and have the rent help pay the mortgage or simply a great investment in a very hot neighborhood.

A wonderful tall brick mixed-use building once the home of the Haile Library until 1889. It still retains its vintage 1930’s storefront from its days as a pharmacy, giving it great visibility on a corner with lg. glass windows and lots of light.


The 1st fl. is a retail and co-working business with a lg. unfinished 2 rm basement, sm. kitchenette and 5 offices both upstairs and downstairs. The 2nd & 3rd fl units are loft like spaces uniquely laid out with hardwood floors throughout. All spaces have 10’-12’ high, stamped tin ceilings and apts. offer rooftop views of town.

Newer windows throughout, high efficiency boiler approx. 11 yrs. old and hardwired for smoke/fire & co2.

This prominent c1872 “Glenwood Building” is one of the most visible blocks on Main St. with high foot traffic near the Town Hall, Fire & Police Station, the East Bay Bike Path and amongst several trendy restaurants, galleries and shops nearby. Across the street from a RI landmark, Delekta’s Pharmacy where you can still get an iconic coffee cab from the original soda fountain.

There is street parking & municipal lots across the street and it is also located on a public transportation rt. to Prov. & NPT.

Warren is centrally located w/easy access to highway & only 20 min. to Prov., 35 to NPT and just over an hour to Boston & Cape Cod.

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Listing Details

MLS Number

1294759

Lot Size:

0.04 acres

Features

  • Basement: Full
  • Brick
  • Insulated Glass Windows
  • Heating: Forced Water, Gas Connected, Zoned
  • Heating Fuel: Gas
  • Laundry
  • Sidewalks
  • Type: Apartment,Other
  • Year Built: 1865
  • Water Amenities: Walk to Salt Water, Walk To Water

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Market Trends for Multi Family Homes
in Warren

  • Overview
    Homes for Sale Today3-95.1% decrease in inventory
    New on Market *1100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$121.64$122 increase in List Price/Sq.Ft.
    Avg. Sale Price *$460,000$460,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *115.29%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$93.31$93 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *200200 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 Residential Properties, Ltd.

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