Distribution Center with Loading
For Sale
Contact for pricing
340 Waterman Avenue, Smithfield, RI 02917
Large industrial complex with multiple outbuildings, on-site power generation, sprinkler protection, and finished office space.
Property Size540,272 SF
Lot Size20.00 Acres
Days on Market144
Property Features for 340 Waterman Avenue
General Information
Standard status
Active
Size
540,272 SF
Lot size
20.00 Acres
Property subtype
Industrial
Warehouse & Industrial
Office Build-Out
6,500 SF
Dock-High Doors
20
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Listing Agency:
Sweeney Real Estate
(401) 331-9300
Listed By:
Thomas Sweeney · License #RI
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sweeney Real Estate
Investment Insights
Based on property information with market context.
This distribution center comprises approximately 540,272± square feet of usable space across a nearly 20±-acre industrial complex. The principal mill building contains about 400,572± square feet, an elevator, 15 first-floor loading docks, five second-floor loading docks, and two conveyor belts. A finished office area of approximately 6,500± square feet supports administrative functions, while the site also includes 13 industrial sheds and a single-story wood shop.
Additional property features include an on-site generator and full sprinkler coverage. A cellphone company maintains a long-term lease on the smokestack, while the remaining tenants occupy the property under month-to-month leases. The complex sits one mile from the Route 44 and I-295 intersection, near the transition from Waterman Avenue to Farnum Pike.
Additional property features include an on-site generator and full sprinkler coverage. A cellphone company maintains a long-term lease on the smokestack, while the remaining tenants occupy the property under month-to-month leases. The complex sits one mile from the Route 44 and I-295 intersection, near the transition from Waterman Avenue to Farnum Pike.
Key Highlights
- Approximately 540,272± SF of usable space on a nearly 20±-acre industrial site
- Main mill building contains about 400,572± SF
- 15 first‑floor and five second‑floor loading docks
Property Analytics
Property Profile
Current Use
Lease Details
20
Dock-high doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Explore this area
Business Placement
Demographics for 02917, RI
14,738
Population
5,119
Households
2.9
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
689
Density / Sq Mi
$106,772
Median Household Income
$44,229
Median Earnings
$988
Median Rent
$416,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Large industrial complex with multiple outbuildings, on-site power generation, sprinkler protection, and finished office space.
Where is this distribution center located?
The property is located at 340 Waterman Avenue Smithfield, RI.
What are key features of this property?
This property features: Approximately 540,272± SF of usable space on a nearly 20±-acre industrial site; Main mill building contains about 400,572± SF; 15 first‑floor and five second‑floor loading docks
