375 Waterman Avenue East Providence

$230,000
0 3,478 sq ft

The Property

Great opportunity to own this highly visible corner lot 2 unit mixed use building in East Providence! Located just outside the downtown area on the very highly traveled Waterman Ave! This location runs parallel to Rte 44 out of East Providence downtown and is walking distance to the downtown area and multiple other business’s. The sale is for the building only, not the business on the first floor. Please do not inquire within or disturb the occupants of the business. Long term tenants in place in both the commercial unit on the first floor as well residential unit on the second floor.

The footprint of the lot extends approximately 25 feet from the right side of the building offering additional parking spaces along with off street parking. The second floor has a heat and a/c unit in the attic that services the second floor unit. The first floor unit has space heater split zones, heat only and wall unit A/C units. While this building will require renovations, it offers tremendous value to the savvy investor! Cash or renovation loans preferred, may not qualify for conventional financing. Inquire with your bank first. Tenants are in place. Buyers and agents, please perform due diligence for any other possible uses for this site.

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Listing Details

MLS Number

1299990

Lot Size:

0.15 acres

Features

  • Basement: Full
  • Heating: Central Air, Central Heat, Forced Water, Gas Connected
  • Type: Retail
  • Year Built: 1890

Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today22-87.4% decrease in inventory
    New on Market *525% increase in new listings
    Avg. Asking Price/Sq.Ft. *$176.19$174 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$383,333 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$1,004 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *204 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?

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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 Keystone Property Group, LLC

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