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    OFF-MARKET
    Showrooms

    468 Warren Ave, East Providence, RI 02914-3859

    1,638 SF 0.2 ac lot Built 1930
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US76-0031289
    Property summary
    AI-generated overview

    This exceptional mixed-use commercial property, located at 468 Warren Ave in East Providence, RI, presents a unique investment opportunity. Boasting 1,638 square feet on a sizable 8,712 square foot corner lot, this two-story building, constructed in 1930, offers versatile space ideal for a variety of businesses. The C1 zoning (Warren Avenue overlay district) permits uses including, but not limited to, galleries, photo studios, yoga studios, laboratories, professional offices, childcare centers, cafes, nursing homes, and clinics (excluding veterinary clinics). The property features beautiful hardwood floors, attractive woodwork, and replacement windows. The second floor, currently used for storage, holds potential for conversion into a rental apartment, subject to town approval. Exterior amenities include a two-car garage, a front porch, a wheelchair ramp, ample parking, and attractive landscaping. The building is equipped with gas heat and central air conditioning. Its prime location on Warren Avenue, near the Route 195 on/off ramp and Route 95, ensures high visibility and convenient access. The asking price is $429,000, translating to $261.90 per square foot. This property offers a compelling blend of historical charm and modern functionality, making it an attractive prospect for discerning investors and business owners.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1930
    Total area 1,638 SF
    Lot 0.2 ac (8,499 SF)
    Zoning code C1
    APN EPRO M:307 B:01 L:001 U:
    UPID US76-0031289
    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
    Current use
    Occupant on record · Public records
    • J Gorman Adjusters Inc Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Stellbaggie LLC · 1 yrs held
    Stellbaggie LLC
    since 2025
    Last sale
    $41,500
    2 recorded transactions
    2025
    $41,500
    2011
    $165,000
    Zoning & alternative use
    C1 · East Providence, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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