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    312-314 Waterman Ave East Providence, RI 02914

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    For Sale
    $795,000

    Office building with two units, secured parking, and flexible space.

    Property size:
    7,296 SF
    Lot size:
    0.45 Acres

    Property Features for 312-314 Waterman Ave

    General Information

    Size
    7,296 SF
    Lot size
    0.45 Acres

    Source: Rodman Real Estate, Inc. Agent Sheldon E Rodman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Providence Office Building For Sale

    The property at 312-314 Waterman Ave in East Providence features two units separately metered for electricity and gas. The zoning is C-1 Office Business. Unit 312 Waterman Ave is an approximate 3,150 square foot office suite containing a spacious reception and client waiting area, nine private offices (eight with sinks), a breakroom, storage areas, an IT/Telco room, and two restrooms. Unit 314 Waterman Ave is an approximate 4,050 square foot suite that is currently an open area that the owner will build to suit. This space has access to an approximate 1,800 square foot open area that could potentially be used by a tenant. Secured parking is accessed from Williams Ave. The total property size is 7,296 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3689653
    Latitude
    41.820943

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    FAQs

    What type of property is this?
    Office space - Office building with two units, secured parking, and flexible space.
    Where is this office space located?
    The property is located at 312-314 Waterman Ave East Providence, RI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Suites can be built to suit, with a spacious 4,050 Sq. Ft. suite available.; - Property is divided into two separately metered units.; - **3,150 Sq. Ft. office suite features 9 private offices, 8 with sinks.**
    (401) 273-2270
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    312-314 Waterman Ave East Providence, RI 02914
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312-314 Waterman Ave East Providence, RI 02914
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