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Executive Summary

Outstanding investment and owner-occupant opportunity in the heart of East Providence! This well-maintained commercial property, zoned Commercial II (State Code 06), offers exceptional flexibility with two separate commercial units, making it ideal for an entrepreneur looking to operate their business while generating rental income from the second space. The property also features a detached four-car garage in the rear, with each garage bay currently rented on a month-to-month basis at $200 per month, providing immediate supplemental income with future upside. Situated on highly traveled Warren Avenue, this property offers excellent visibility, strong exposure, and easy access to I-195 and surrounding highways, making it a convenient destination for customers and clients alike. Additional features include forced hot air heating, a well-maintained interior and exterior, and a layout that accommodates a variety of commercial uses, subject to local zoning. Whether you're expanding an existing business, launching a new venture, or adding a versatile income-producing property to your portfolio, this is a rare opportunity in one of East Providence's most sought-after commercial corridors.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,052 SF
Building Class
C
Year Built
1950
Price
$525,000
Price Per SF
$255.85
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
C1
Parking
6 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
46’ on Warren

Amenities

  • Bus Line
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Toyota
Chase
Citizens
Planet Fitness
Starbucks
Shaw's
Bank of America
Stop & Shop Supermarkets
Chelo's Hometown Bar & Grille

Property Taxes

Property Taxes

Parcel Number
EPRO-000307-000002-000003
Land Assessment
$173,000
Improvements Assessment
$91,600
Total Assessment
$264,600
  • Listing ID: 41286119

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: 492-494 Warren Ave, East Providence, RI 02914

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