Property profile

226 Waterman St Providence, RI 02906

OFF-MARKET
Investment properties
Property ID
US76-0055044
3,633 SF 0.1 ac lot Built 1920
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 3,633 SF
Lot 0.1 ac (4,355 SF)
Zoning code C-2
APN PROV M:14 L:464
UPID US76-0055044

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Foster Care Service Social Service Agency
  • Physician Medical Clinic

Location

226 Waterman St Providence, RI 02906-4387
Providence metro Census 3500 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$790k
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$375k

Owner & transaction history

since 2025
Last sale
$1.1M
3 recorded transactions
2025
$1.1M
2006
$186,000
1989
$275,000

Zoning & alternative use

C-2 · Providence, RI
Zoning description

The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larger retail establishments

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 226 Waterman St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message