699 NE Willett Avenue NE 1, East Providence, RI 02915
For-sale retail storefront property in Providence County, East Providence, offering a dedicated commercial building configuration.
- Added:
- May 12, 2026
- Days on Market:
- 31
- Last Refresh:
- Jun 11 at 3:16 am
Property Features for 699 NE Willett Avenue NE 1
General Information
- Standard status
- Active
- Size
- 3,900 SF
Building Details
- Year Built
- 1960
Listing agent Richard Thomas (401) 474-1504
Listing office Paiva Realty Group (401) 474-1504
Listing date May 12, 2026
Source Evrealestate
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 Paiva Realty Group
HighLights
- Retail storefront property in East Providence (Providence County)
- Dedicated commercial building configuration for retail use
- Central air cooling
- No basement
- Built in 1960
Overview
The property is located at 699 NE Willett Avenue NE 1 in East Providence, Rhode Island 02915, within Providence County. The listing is part of the active sales market with a stated list price of $495,000.
From an operator or owner-occupant perspective, a storefront building can support a range of retail formats depending on how the space is utilized by the tenant or buyer. Because the listing information provided does not specify current tenant status, interior layout, or improvements beyond the storefront/retail classification and total area, prospective buyers should confirm the building’s condition, configuration, and any relevant licensing or code requirements directly as part of their due diligence. This property can be a practical option for those looking to purchase a retail-focused building in East Providence.
Local Financial Insights For Retail
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 | $70.2k | $18.00 |
| − Vacancy | −$7.3k | −$1.87 |
| EGI | $62.9k | $16.13 |
| − OpEx | −$18.9k | −$4.84 |
| NOI | $44.0k | $11.29 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Tiffany Weddings — 47 palmer ave, riverside, ri 02915
Location Insight
- Map
- Local Demand
- City
- East Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3495016
- Latitude
- 41.7673544
