Property summary
This exceptional commercial property, located at 50 Waterman in North Providence, Rhode Island, presents a unique investment opportunity. The property encompasses a substantial 13,939 square foot lot and includes a single building constructed in 1940. Currently vacant, this versatile space offers significant potential for a wide range of commercial uses. The building features a convenient ground-level loading door, ideal for businesses requiring efficient shipping and receiving operations. Its expansive layout allows for extensive customization, enabling businesses to tailor the space to their specific operational needs. Situated in a high-traffic area of North Providence, this property benefits from excellent visibility and accessibility, ensuring high potential for customer traffic and business growth. The substantial lot size and adaptable building design make this an attractive proposition for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. The asking price for this prime commercial land is $425,000. The property's zip code is 02911, and it is located in Providence County. This is a rare opportunity to acquire a significant commercial property in a desirable Rhode Island location. Don't miss this chance to secure a valuable asset with considerable upside potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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