Commercial at 126 Main Street, Warren
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$895,000

126 Main Street
Warren, RI 02885
Listed by Debra Jobin
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

Warren, RI – 5-Unit Multi-Family Investment Opportunity Excellent opportunity to own a well-located 5-unit property consisting of two separate buildings near downtown Warren and the historic Water Street district. The front building offers three units, including a spacious owner’s unit with an additional family room, laundry room, and central air, plus two rental units. The rear building contains two additional units. Major improvements include an approximately 5-year-old roof on the front building and a 3-year-old roof on the rear building. Enjoy a 10-minute walk to downtown Warren’s restaurants, shops, waterfront, and the East Bay Bike Path, with bus service to Providence and Newport approximately 150 feet away. Solid rental history and a flexible setup make this an attractive opportunity for investors or owner-occupants seeking rental income.

Property details

MLS #
1410423
Property type
Commercial
Subdivision
North End Warren
Status
Active
Days on market
128
On market date
April 28, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
4
Lot size
0.144 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Nayatt School
1.15 mi away · Grades 0-3
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
353
Student:teacher ratio
15.3:1
District
Barrington
Middle
Kickemuit Middle School
1.44 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
684
Student:teacher ratio
12.7:1
District
Bristol Warren
HighCharter
Highlander Secondary Charter S
0.89 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
346
Student:teacher ratio
10.5:1
District
Highlander

Walkability

Blended score for Warren's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks13
Schools7
Transit stops20
Pharmacies2

Mortgage calculator

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Est. monthly payment
$5,540/mo
$179,000 down
$716,000 loan
Principal & interest$4,644
Property tax (est.)$746
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated September 4, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.