Calling all investors, contractors, and owner-occupants looking for their next project! This older home offers endless potential and sits on a spacious lot in a highly desirable Warren location. The property requires a full renovation and is ready for someone to bring new life and vision to it. Potential for single-family living with ADU possibilities, subject to all applicable municipal approvals and zoning regulations. The oversized lot provides flexibility for expansion, outdoor living, or future development opportunities. Conveniently located near established businesses, banks, coffee shops, and just minutes to downtown Warren. The property also abuts protected conservation land, creating a unique natural backdrop and ensuring no future development directly surrounding portions of the property. A rare opportunity to create value in an increasingly desirable area. Property being sold as-is. Endless potential! Also listed and marketed as MLS #1412417 and MLS #1412430.
Single-familyProperty Type
1880Year Built
0.34 acresLot Size
$299Price/Sq.Ft.
2 car garageParking
Listed by Michelle Savastano• Broadway Real Estate Group
North Warren, located between the Warren River waterfront and the Swansea line, is a residential and small-town Warren neighborhood with a shoreline edge and a patchwork of wooded streets. The neighborhood’s character concentrates around the Route 114 corridor near the Kickemuit River bridge, where marinas, boatyards, and low-key local storefronts set a working-waterfront tone. Classic New England capes and colonials mix with mid-century ranches, and many blocks feel defined by mature trees and deep yards. Waterfront views and salt-air breezes shape daily rhythms along the coves. Blount Clam Shack and the nearby Blount Market anchor local food culture with a distinctly coastal sensibility. Touisset Marsh Wildlife Refuge adds quiet trails and birdlife at the neighborhood’s edge.
Provided by Walk Score and Local Logic
Offer insights
314 Market St · $369,000
$373K and above
75% chance or better to win
Why $373K+ is a strong offer
DAYS ON MARKET
130 days
The average home goes pending in 28 days.
SALE-TO-LIST
101.0%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Hardwood and laminate wood flooring
Crawl space basement
Tankless water heater
Bathrooms
1 full bathroom
Flooring
Hardwood
Laminate
Wood
Heating & cooling
Oil-fired hot water baseboard heating
Exterior features
Beachfront location with walk-to-water access
Landscaped lot
Home design
Two-story home
Vinyl siding
Concrete perimeter foundation
Parking
Attached garage (2 garage spaces)
Total parking for 4 vehicles
2 covered parking spaces
Construction
Vinyl siding construction
Concrete perimeter foundation
Built as a 2-story structure
Utilities
Public water connected
Sewer connected
100 amp electric service
Electricity and solar
View estimated energy costs and solar savings for this home
Calling all investors, developers, and visionaries 314 Market Street presents an exceptional opportunity to bring your next project to life in the heart of Warren. Situated on a rolling ~15,000 SQ FT lot and zoned Rural Business, this property offers incredible flexibility for a variety of potential uses including mixed-use development, possible ground-level commercial with residential units above, townhouse or condominium concepts, affordable housing potential, and more (subject to all applicable approvals). Positioned along a high-visibility corridor with an estimated 25,000+ daily car count, the property benefits from excellent exposure while being surrounded by established businesses, banks, coffee shops, and convenient access to downtown Warren. The lot also abuts protected conservation land, providing a unique natural backdrop and ensuring no future development directly surrounding portions of the property. Located just moments from the Palmer River, enjoy nearby kayaking, paddle boarding, and the future walking and bike trail currently under development. Preliminary concepts and proposed plans are available for review, allowing buyers to further envision the potential of the site. Also listed and marketed as MLS #1412422 and MLS #1412430. Endless potential!
RIS #1412422
May 12, 2026
Listed
$369,000
$299/sq ft
RIS #1341559
Sep 18, 2024
Listing Removed
—
Aug 10, 2023
Listed
$399,900
$324/sq ft
RIS #1329971
Jun 15, 2023
Pending
—
Jun 15, 2023
Listing Removed
—
Feb 23, 2023
Listed
$399,900
$324/sq ft
RIS #1285786
Aug 16, 2021
Sold
$129,000
$105/sq ft
Jul 28, 2021
Pending
—
Jun 22, 2021
Listed
$129,000
$105/sq ft
RIS #972319
Jul 25, 2011
Listing Removed
—
Jul 26, 2010
Listed
$420,000
$340/sq ft
RIS #733101
Mar 14, 2009
Listing Removed
—
Feb 4, 2007
Listed
$600,000
$486/sq ft
RIS #734040
Jun 11, 2008
Listing Removed
—
Feb 14, 2007
Listed
$249,900
$203/sq ft
RIS #734037
Jun 11, 2008
Listing Removed
—
Feb 14, 2007
Listed
$449,900
$365/sq ft
RIS #531021
May 5, 2005
Sold
$700,000
$567/sq ft
Apr 13, 2005
Listing Removed
—
Jan 15, 2005
Listed
$795,000
$644/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,484 (+3.1%)
$94,600 + $139,400
$234,000
2024
$3,379 (+5.7%)
$94,600 + $139,400
$234,000
2023
$3,196 (+0.9%)
$94,600 + $139,400
$234,000
2022
$3,168
$87,700 + $88,200
$175,900
2021
$100,900 + $97,000
$197,900
Public record
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Finished Sq. Ft.
1,234
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,234
Year built
1880
Style
Single Family Residential
County
Bristol County
APN
541360
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Historical weather
Warren, RI • 02885
Average low and high temperatures (°F)
35
22
37
22
50
33
59
41
68
52
80
62
84
67
80
60
75
57
65
48
54
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Warren. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 314 Market St
$342,582
$26K under list price of $369K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $425K to $634K.