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Highlights

  • Tenant responsible for utilities, insurance, and proportionate CAM

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 1
  • 580 SF
  • 8’
  • 3-5 Years
  • $5.48 CAD/SF/YR $0.46 CAD/SF/MO $3,178 CAD/YR $264.81 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-08-01

Condition & Fit-Out Fully built-out and DOH-licensed food retail space, currently under an active RI DOH Food Business License Bright, finished interior with white subway tile, patterned tile floors, recessed LED lighting, and central columns that define distinct retail and service zones Multiple large windows providing excellent natural light and street visibility on Water Street Mini-split HVAC Finished restroom Food Service Infrastructure in Place Three-bay commercial sink with drainboards Separate dedicated handwash sink Additional prep sink Permitted Uses The space is well-suited for specialty food retail, prepared foods, bakery, pastry, ice cream and gelato, specialty grocery, and provisions, charcuterie and cheese, or fast-casual takeaway. Use restrictions prohibit burger-forward concepts and alcohol license operations (reserved for the co-tenant). Lease Terms 5-year NNN lease Term commencement: August 1, 2026

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Central Air and Heating
  • Recessed Lighting
  • Finished Ceilings: 8’
  • Basement
  • Waterfront
  • Parking
  • Downtown
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste 1 580 SF 8’ 3-5 Years $5.48 CAD/SF/YR $0.46 CAD/SF/MO $3,178 CAD/YR $264.81 CAD/MO Triple Net (NNN)

1st Floor, Ste 1

Size
580 SF
Ceiling
8’
Term
3-5 Years
Rental Rate
$5.48 CAD/SF/YR $0.46 CAD/SF/MO $3,178 CAD/YR $264.81 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-08-01

Condition & Fit-Out Fully built-out and DOH-licensed food retail space, currently under an active RI DOH Food Business License Bright, finished interior with white subway tile, patterned tile floors, recessed LED lighting, and central columns that define distinct retail and service zones Multiple large windows providing excellent natural light and street visibility on Water Street Mini-split HVAC Finished restroom Food Service Infrastructure in Place Three-bay commercial sink with drainboards Separate dedicated handwash sink Additional prep sink Permitted Uses The space is well-suited for specialty food retail, prepared foods, bakery, pastry, ice cream and gelato, specialty grocery, and provisions, charcuterie and cheese, or fast-casual takeaway. Use restrictions prohibit burger-forward concepts and alcohol license operations (reserved for the co-tenant). Lease Terms 5-year NNN lease Term commencement: August 1, 2026

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Central Air and Heating
  • Recessed Lighting
  • Finished Ceilings: 8’
  • Basement
  • Waterfront
  • Parking
  • Downtown

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Cheese Shop

  • Tenant
  • Description
  • US Locations
  • Reach
  • Cafe Water Street
  • Accommodation and Food Services
  • -
  • -
  • Chomp Kitchen & Drinks
  • Restaurant
  • 1
  • -
Tenant Description US Locations Reach
Cafe Water Street Accommodation and Food Services - -
Chomp Kitchen & Drinks Restaurant 1 -

Property Facts

Total Space Available 580 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 6,352 SF
Year Built 1940
Parking Ratio 41.38/1,000 SF

About the Property

580 SF of first-floor retail space on Water Street at the Town Wharf, the heart of downtown Warren's waterfront dining and retail corridor. Part of a multi-tenant property co-anchored by Chomp Kitchen and Drinks, an award-winning burger and sandwich concept, and Café Water Street. The building is an established daily traffic generator, with on-site parking plus Town Wharf parking with the Town of Warren. The space is currently operating as a specialty cheese and provisions shop, and is in excellent condition and fully built out for food service. The layout flows from a front retail area with two street-facing entrances into a rear prep and service area, with distinct zones suitable for counter service, grab-and-go, or hybrid retail-and-cafe concepts.

  • Bus Line
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Planet Fitness
Citizens Bank
Starbucks
  • Listing ID: 40216579

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 279 Water St, Warren, RI 02885

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