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    Specialty properties

    50 Waterman St, North Providence, RI 02911

    Built 1940
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Specialty properties
    Year built 1940
    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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