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Distribution Center with Loading Dock
New
For Lease
$8.75 SF/Yr

655 Waterman Avenue, East Providence, RI 02914

Air-conditioned premises pair office space with three distinct loading options.

Space Size29,270 SF
Property Size34,770 SF
Days on Market3

Property Features for 655 Waterman Avenue

General Information

Standard status Active
Size 29,270 SF
Net Rentable 29,270 SF
Property subtype Industrial
Lease Term NNN

Space & Availability

Available Space 29,270 SF
Contiguous Space 29,270 SF
Space Use Industrial
Sublease Yes

Warehouse & Industrial

Clear Height 16 ft
Office Build-Out 5,400 SF
Dock-High Doors 1
Drive-In Doors 1
Power 600 amps
Voltage 480 V
Three-Phase Power Yes
Sprinkler System Yes
Conditioned Warehouse Yes

Additional Details

Highway Access Yes

Building Details

Building Size 34,770 SF

Spaces For Lease

at 655 Waterman Avenue
655 Waterman Avenue $8.75/SF/Yr
Size 29,270 SF
Type Manufacturing
Term Negotiable
Contact us
Listing Agency: MG Commercial
Listed By: George Paskalis, SIOR · License #RI #0040525
Source: Mgcommercial
Added: Oct 30 Last Checked: Oct 30 at 2:31PM

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 MG Commercial

Rey
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Investment Insights

Based on property information with market context.

The 29,270-SF industrial premises at 655 Waterman Avenue are available for sublease, with approximately 5,400 SF of office space. The entire space is air-conditioned and recently renovated, with 16-foot clear ceiling height, a wet sprinkler system, and 600-amp, 277/480-volt, 3-phase electrical service.

Loading includes one trailer-height dock, one step-van-height door, and one grade-level overhead door. The property is near I-195.

Key Highlights

  • 29,270 SF of air‑conditioned industrial space, including approximately 5,400 SF of office area
  • One trailer‑height loading dock, one step‑van‑height loading door, and one grade‑level overhead door
  • 16' clear ceiling height

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Allison Reed Group Industrial Manufacturer Quick Fitting Holding ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby

Demographics for 02914, RI

22,140
Population
10,082
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
4,518
Density / Sq Mi
$60,838
Median Household Income
$43,696
Median Earnings
$1,165
Median Rent
$309,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Distribution center - Air-conditioned premises pair office space with three distinct loading options.
Where is this distribution center located?
The property is located at 655 Waterman Avenue East Providence, RI.
What is the lease rate?
The lease rate is $8.75 SF/Yr.
What are key features of this property?
This property features: 29,270 SF of air‑conditioned industrial space, including approximately 5,400 SF of office area; One trailer‑height loading dock, one step‑van‑height loading door, and one grade‑level overhead door; 16' clear ceiling height
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