No photos available for this listing

$369,000

314 Market Street
Warren, RI 02885
Listed by Michelle Savastano
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1880

About this home

Calling all investors, developers, and visionaries—314 Market Street presents an exceptional mixed-use and development opportunity in the heart of Warren. Situated on a rolling ~15,000 SQ FT lot and zoned Rural Business, this property offers incredible flexibility and endless potential for a variety of commercial and residential concepts, including townhouse/condominium development, storefront retail or office space with residential units above, affordable housing opportunities, and more! Positioned along a high-visibility corridor with an estimated 25,000+ daily car count, the property offers outstanding exposure and accessibility while being surrounded by established businesses, banks, coffee shops, restaurants, and convenient access to downtown Warren. The lot also abuts protected conservation land, creating a unique natural backdrop and ensuring no future development directly surrounding portions of the property—an increasingly rare feature for a development site of this scale and visibility. Located just moments from the Palmer River, nearby amenities include kayaking, paddle boarding, and the future walking and bike trail currently under development, further enhancing the long-term appeal and value of the location. Preliminary concepts and proposed plans are available for review to help buyers envision the possibilities. Also listed and marketed as MLS #1412422 and MLS #1412417. Endless potential!

Property details

MLS #
1412430
Property type
Apartment,Mixed Use,Office,Townhouse,Commercial,Business
Subdivision
Palmer River
Status
Active
Days on market
10
On market date
May 12, 2026
Stories
N/A
Garage spaces
N/A
Lot size
15,011 sqft
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Hugh Cole School
1.5 mi away · Grades -1-5
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
509
Student:teacher ratio
12.7:1
District
Bristol Warren
Middle
Kickemuit Middle School
1.08 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
0.43 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

Mortgage calculator

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Est. monthly payment
$2,372/mo
$73,800 down
$295,200 loan
Principal & interest$1,915
Property tax (est.)$308
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 23, 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.