

Listed by Ri Real Estate Services
$699,000
367 377 Child Street
Details
APN 367377CHILDSTWARN
Property Type Office, Mixed Use
Sub Type Medical Office, Apartment Building
Square Footage 5,511
Net Rentable (SqFt) 5,511
Units 6
Cap Rate 7.00%
Occupancy 50%
Price per SqFt $127
Broker Co-Op Yes
Year Built 1900
Year Renovated 2020
Buildings 4
Stories 2
Lot Size (SqFt) 10,454
Zoning VB
Parking Spaces 15 spaces
Parking Per SqFt 2.72
Investment Type Value Add
Ownership Single
Rare Mixed Use Opportunity in Warren
Marketing description
Rare opportunity to purchase this highly visible mixed use, multi building property on the corner of Child & Metacom in the heart of Warren. Featuring 3 buildings, a detached garage & ample parking lot with access from Metacom Ave. The first building: 367 Child is a 2 unit commercial building most recently used as a retail storefront on the right & a time capsule bar on the left - absolutely awesome! Just reopen with the vintage bar & decor or make it a trendy speakeasy (expansion potential). The second building: 373 Child is a two family residential home with both units consisting of 2 beds & 1 bath each. The 3rd building: 377 Child is a mixed use building with a commercial unit on the first floor (most recently used as an office) & a 2 bed / 1 bath residential unit on the second floor. Behind all buildings is an oversized garage & plenty of parking. The buildings/units feature separate utilities, young roofs & other various updates. Located in Village Business District zoning the potential possibilities for this property are endless, from investment, to using for business and/or living for free and collecting rent - simply many different options. Highly trafficed with frontage on Child & Metacom. Coffee Bar, Juice Bar, Restaurant, All Retail & Office Types - so many uses. Also being offered with 384 Child (Single Fam), 388 Child (3 Fam) & a vacant lot for $1.499m (MLS# 1406004). Call/text/email agent for more details. 3 properties with garage & parking for $699k? Great buy!
Investment highlights
3 Buildings & Detached Garage
Parking
6 Units
3 Commercial
3 Residential
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Listed by Ri Real Estate Services
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