50 Waterman St, North Providence, RI 02911
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.