East Providence Commercial Building For
47 John, East Providence, RI 02914
2,100 sq ft commercial building in thriving business district.
Property size:
2,100 SFLot size:
0.16 AcresPrice / SF:
$238/SF- Added:
- Mar 13, 2026
- Days on Market:
- 107
- Last Refresh:
- Mar 16 at 11:03 am
Property Features for 47 John
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.16 Acres
Building Details
- Year Built
- 1960
Listing office SPITZ-WEISS, REALTORS (401) 272-6161
Listing date Mar 13, 2026
Source Corcoran
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 SPITZ-WEISS, REALTORS
HighLights
- Prime location in the heart of East Providence's Taunton Avenue Business District with high visibility.
- Versatile C‑3 Mixed Use zoning allows for a wide range of business operations and development possibilities.
- 2,100 sq. ft. single‑story commercial building offering ample space.
- Three oversized garage doors and a fenced‑in yard provide operational flexibility.
- Quick access to Route 195 ensures convenient transportation and accessibility.
- Surrounded by a dynamic mix of shops, restaurants, offices, and residential neighborhoods, offering excellent exposure and convenience.
Overview
Located in the heart of East Providence's Taunton Avenue Business District, this single-story commercial building offers 2,100 sq. ft. of space. The property features three oversized garage doors and a fenced-in yard, providing flexibility for various business operations. The property is zoned C-3 Mixed Use, allowing for potential uses such as live/work space, retail, studio or theater, house of worship, medical or veterinary practice, kennel, tattoo studio, food establishment, fitness center, preschool, brewery, cigar lounge, and storage. The property is ideally located with quick access to Route 195 and is surrounded by a mix of shops, restaurants, offices, and residential neighborhoods. The property is currently operating as an auto repair facility. Note that all equipment, including the lifts, are tenant-owned and will be removed. This versatile property is suitable for entrepreneurs, investors, or expanding businesses looking to be part of East Providence's thriving commercial corridor.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.1k | $20.04 |
| − Vacancy | −$5.9k | −$2.81 |
| EGI | $36.2k | $17.23 |
| − OpEx | −$9.0k | −$4.31 |
| NOI | $27.1k | $12.93 |
2,100 SF · lease $20.04/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$387.8K
$339.3K – $452.4K
NOI $27,144 @ 7.0% cap · market cap 5.43%
Second Best
Specialty Retail
$363.4K
$318.0K – $423.9K
NOI $25,436 @ 7.0% cap · market cap 5.09%
Theoretical Best
Multifamily LT 5
$499.5K
$437.1K – $582.8K
NOI $34,966 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
East Providence Auto ...
Auto Repair Shop
Similar Places Nearby
- Home, Bow Tech Auto — 1104 S Broadway, East Providence, RI 02914
- Vally Auto Service & Towing — 517 Warren Ave, East Providence, RI 02914
- Sung Towing — 517 Warren Ave, East Providence, RI 02914
- Caitos Auto & Boat Top LLC — 2403 Pawtucket Ave, East Providence, RI 02914
- Vally Auto And Towing — 517 Warren Ave, East Providence, RI 02914
Location Insight
- Map
- Local Demand
- City
- East Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3708796
- Latitude
- 41.8192243
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - 2,100 sq ft commercial building in thriving business district.
Where is this auto shop located?
The property is located at 47 John East Providence, RI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Prime location in the heart of East Providence's Taunton Avenue Business District with high visibility.; Versatile C‑3 Mixed Use zoning allows for a wide range of business operations and development possibilities.; 2,100 sq. ft. single‑story commercial building offering ample space.
