489 Main Street

Closed 1/6/22
Closed 1/6/22
Corner of Main & State St.
Front facade
Shared Retail & Coworking space
Coworking side
Back of 1st fl Retail space
1st Fl. Conference Room
1st Fl. Conference Room
Center Stairway in 1st 1st Fl. to lg 2 room unfinished basement
2nd Fl. Office 1 w/ bathroom
2nd Fl. Office 1 w/ bathroom
2nd Fl.Office 2
2nd Fl.Office 2
2nd Fl. Office 3
2nd Fl. Office 3
2nd Fl. Office 4
2nd Fl. Office 4
2fl. S Apartment Kitchen
2nd Fl Apartment Kitchen
2nd Fl Apartment Office
2nd Fl Apartment Office
2nd Fl Apartment Den
2nd Fl Apartment Den
2nd Fl Apartment Bedroom
2nd Fl Apartment Bedroom
2nd Fl Apartment EIK
3S Kitchen & LR
3S Kitchen & LR
3S BR
3rd FL Bathroom
3S Kitchen
2nd Fl Landing
2nd Fl Hallway Entrance
3N Kitchen
3N EIK
3N EIK
3N EIK
3N EIK
3N EIK
3N Living Room
3N Living Room
Northside of Building
State Street side
1st Fl Retail/Office
3rd Fl Apartments
2nd Fl Apartments & Offices
Delecktas Pharmacy (Famous for Coffee Cabs) directly across the street and looking down Joyce where public parking is accessible.
View to the Northwest
Sold
Last Sold Price
$788,000
5 beds4,905 sqft
489 Main St, Warren, RI 02885
Multi FamilyProperty Type
0.04 acresLot Size
1865Year Built
$161/sq ftPrice per sq ft

Description

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...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.
  • Listed by: Paula Silva 401.996.9855 psilva@residentialproperties.com Brokerage DRE #REB.0016776 • Residential Properties, Ltd.
Listing closed: 01/06/2022 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1294759

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Recent comparable sales

Median sold price

$740,000

Avg days on market

46

Sale-to-list ratio

99.1%

Warren, RI

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Property Information for 489 Main Street

Property Details
  • Taxes: $7,226 / year
  • MLS Type: Residential Income / Multi Family
  • County: Bristol County
  • Subdivision Name: Downtown Warren
  • Waterfront Features: Walk To Water
Building Information
  • Stories: 3
  • Residences: 4
  • Year Built: 1865
  • Lot Size: 0.04 AC / 1,734 SF
Summary
Location and General Information
  • City: Warren
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Warren
  • Postal Code: 02885
  • State Or Province: RI
  • Zoning: VB
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 0
Taxes and HOA Information
  • Tax Annual Amount: $7,226.00
  • Tax Assessed Value: 407800
  • Tax Lot: 104
  • Tax Year: 2021
Property
Green Features
  • Green Energy Efficient: Appliances, Water Heater, Windows
  • Green Location: Public Transportation, Walkability
  • Green Sustainability: Renewable Materials, Regionally Sourced Materials
Lot Information
  • Above Grade Fin SQFT: 4905.0
  • Building Area Total: 4905.0
  • Frontage Length: 41
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0398
  • Lot Size Area: 1734.0
  • Lot Size Square Feet: 1734.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 489MAINSTWARN
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1865
  • C L I P: 2,206,598,674
Utilities
  • Electric: Amps100, Amps200Or More, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Stone
Interior Features
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Wood
  • Heating: Gas, Hot Water, Zoned
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower
  • Rooms Total: 20
  • Window Features: Thermal Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $7,284.00
Unit 1 Information
  • Actual Rent: $1,150.00
  • Description: Apartment, rooms are flexible
  • Unit Type Area: 694.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,125.00
  • Description: Apartment, rooms are flexible
  • Unit Type Area: 694.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,200.00
  • Description: Apartment, rooms are flexible
  • Unit Type Area: 694.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $3,000.00
  • Description: Storefront + 4 Offices
  • Unit Type Area: 1625.0
  • Baths Total: 2
  • Beds Total: 0
  • Num of Full Baths: 0
  • Num of Half Baths: 2
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 489 Main Street

DateEvent & SourcePriceAppreciation
Jan 6, 2022

Sold (Public Record)

Public Record #1481390104

$788,000

+16.2% / yr

Jan 6, 2022

Sold

Rhode Island Association of REALTORS® #1294759

$788,000—
Nov 13, 2021

Contract Signed

Rhode Island Association of REALTORS® #1294759

—
DateEvent & SourcePrice
01/06/2022

Sold (Public Record)

Public Record #1481390104

$788,000

+16.2% / yr

01/06/2022

Sold

Rhode Island Association of REALTORS® #1294759

$788,000
11/13/2021

Contract Signed

Rhode Island Association of REALTORS® #1294759

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 489 Main Street

Taxable ValueLand$128,700Additions$610,800Total$739,500
Tax Record2026$10,733 ($894 / month)
Home Facts
Baths3.5Total Finished SqFt8,185 SqFtAbove Grade Finished SqFt6,545 SqFtFinished Basement SqFt1,640 SqFtStories3Lot Size1,651 SqFtStyleOffice BuildingYear Built1865Year Renovated1865ZoningVBCountyBRISTOLAPNWARR M:4 L:104

Schools near 489 Main Street

This home is within Bristol Warren School District.
Rating
School
Type
Grades
Distance
Hugh Cole School
Public - PK to 5
Kickemuit Middle School
Public - 6 to 8
Mt. Hope High School
Public - 9 to 12
Rockwell School
Public - K to 5
Rating
School
Distance
Hugh Cole School
PublicPK to 5

Kickemuit Middle School
Public6 to 8

Mt. Hope High School
Public9 to 12

Rockwell School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 489 Main Street, Warren, RI 02885
$788,000
5
4,905
1,734
501 Main Street, Warren, RI 02885
$825,000
–
2
7,515
6,521
496 Main Street, Warren, RI 02885
$570,000
–
3.5
5,173
2,444
6 State Street, Warren, RI 02885
$235,000
–
0.5
1,741
2,487
502 Main Street, Warren, RI 02885
$190,000
–
1
1,380
1,851
507 Main Street, Warren, RI 02885
–
–
1
5,556
3,097

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Listing Courtesy of Residential Properties, Ltd.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.