492 Warren Avenue East Providence

$525,000
1,262 sq ft

The Property

Outstanding investment and owner-occupant opportunity in the heart of East Providence! This well-maintained commercial property, zoned Commercial II (State Code 06), offers exceptional flexibility with two separate commercial units, making it ideal for an entrepreneur looking to operate their business while generating rental income from the second space.

The property also features a detached four-car garage in the rear, with each garage bay currently rented on a month-to-month basis at $200 per month, providing immediate supplemental income with future upside.

Situated on highly traveled Warren Avenue, this property offers excellent visibility, strong exposure, and easy access to I-195 and surrounding highways, making it a convenient destination for customers and clients alike. Additional features include forced hot air heating, a well-maintained interior and exterior, and a layout that accommodates a variety of commercial uses, subject to local zoning.

Whether you’re expanding an existing business, launching a new venture, or adding a versatile income-producing property to your portfolio, this is a rare opportunity in one of East Providence’s most sought-after commercial corridors.

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Listing Details

MLS Number

1417857

Lot Size:

0.09 acres

Features

  • Garage
  • Highway Access
  • Private School
  • Shopping
  • Heating: Forced Air
  • Heating Fuel: Forced Air
  • Laundry
  • Paved
  • Sidewalks
  • Free Standing
  • Year Built: 1950

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Market Trends for Commercial/Business,Commercial Sale
in East Providence

  • Overview
    Homes for Sale Today14-33.3% decrease in inventory
    New on Market *1-80% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$180 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$365,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *305 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

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