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334 Waterman Avenue., Avenue East Providence

$250,000
0 4,226 sq ft

The Property

Investor and contractor take notice. This huge multi flex usage, 2 level building with combined livable space 4679sf, total 7756sf including basement is for your open and creative mind. Located in the heart of East providence, 8 minute drive to East side of Providence, Close and easy access to 195/95, and right on the boarder with MA with less than 10 minute drive to Seekonk, and Swansea, MA.

The whole building needs utility improvement.

Front section of the building is in good shape but the rear section has leaky roof on 1/2 of the roof, and water damaged first floor. New heating equipment is in place but electricity and water need to be reinstated. Two possible on site parking, and plenty of street parking on Cora St.

Rent for both units are estimate based on local market rate.

Buyer and Buyer agent Please do due diligence on Waterman Overlay zoning & ordinance with city zoning & building officials. Please refer to City of East Providence, Rhode Island, Zoning Ordinance document, Chapter 19-98, 19-322 for allowable business. Property is SOLD AS IS. Motivated seller. No FHA status. Buyer needs to show Proof of funding, or preapproval letter before showing as building needs $$$ for improvement.

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Listing Details

MLS Number

1309791

Lot Size:

0.12 acres

Features

  • Basement: Partial
  • Restrooms
  • Heating: Steam
  • Type: Administrative and Support,Animal Grooming,Appliances,Assembly/Meeting Place,Athletic,Auto Related,Auto Service,Bakery,Beauty Service,Bed and Breakfast,Dance Studio,Day Care Facility,Duplex/Fourplex,Extended Stay,Fast Food,Fitness,Food/Beverage,Free-Standing,Health Services,Hotel/Motel,Ice Cream/Frozen Yogurt,Mixed Use,Parking Facility,Pet Store,Photographer,Pizza,Professional Service,Real Estate,Restaurant,Retail,Services
  • Year Built: 1920

Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today24-74.7% decrease in inventory
    New on Market *7600% increase in new listings
    Avg. Asking Price/Sq.Ft. *$54.34$42 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$475,000$1,375,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.00%-8.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$66.13$66 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7611 increase 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?

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

Listed by Circle 100 Real Estate

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