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Property profile & analytics
OFF-MARKET
Office Spaces

468 Warren Ave Warren Ave East Providence, RI 02914

Built 1930
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 468 Warren Avenue in East Providence, Rhode Island, presents a unique investment opportunity. The 8,712 square foot lot houses a two-story, 1930-built building ideally situated on a corner lot with high visibility due to its location near the Route 195 on/off ramp and Route 95. The property is zoned C1 (Warren Avenue overlay district), allowing for diverse uses including, but not limited to, gallery, photo studio, yoga studio, laboratory, professional office, child-care center, café, nursing home, or clinic (excluding veterinary clinics). The building features attractive hardwood floors, elegant woodwork, and recently replaced windows. The second floor, currently used for storage, offers potential for conversion into a rental apartment, subject to town approval. Exterior amenities include a two-car garage, a welcoming front porch, a wheelchair ramp, ample parking, and well-maintained landscaping. The property also benefits from gas heating and central air conditioning. This versatile property is perfect for entrepreneurs seeking a high-traffic location to establish or expand their business. The asking price is $449,000.

Property profile
Verified
Property type Office Spaces
Year built 1930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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