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292 Waterman Ave 4,476 SF 12% Leased Office Building Smithfield, RI 02917 $649,990 ($145.22/SF)

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INVESTMENT HIGHLIGHTS

  • High traffic area
  • Excellent proximity to route 44 and I-295
  • Very well maintained

EXECUTIVE SUMMARY

Well kept & maintained commercial office building available for sale. The building is comprised of 10 private offices, 1 conference room, break room / kitchenette, 2 restrooms, and one utility room with a shower. Parking consists of roughly 25-30 spots on a 0.47 acre lot. Excellent proximity, located just off Rt.104 with high traffic counts perfect for marketing, and nearby major highways Rt.44 / 295. Great opportunity for insurance companies, attorney's, CPA's, and for general office use. Possibilities for Residential.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,476 SF
Building Class
C
Year Built
1930
Price
$649,990
Price Per SF
$145.22
Percent Leased
12%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,476 SF
Building FAR
0.22
Lot Size
0.47 AC
Zoning
R20
Parking
25 Spaces (5.59 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SMIT-000026-000000-000027
Land Assessment
$137,600
Improvements Assessment
$238,000
Total Assessment
$375,600
  • Listing ID: 37720359

  • Date on Market: 9/18/2025

  • Last Updated:

  • Address: 292 Waterman Ave, Smithfield, RI 02917

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