Single Family Residence at 215 Waterman Avenue, East Providence
Single Family Residence at 215 Waterman Avenue, East Providence, photo 2 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 3 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 4 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 5 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 6 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 7 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 8 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 9 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 10 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 11 of 12
Single Family Residence at 215 Waterman Avenue, East Providence, photo 12 of 12
12 photos

$424,999

215 Waterman Avenue
East Providence, RI 02914
Listed by Sara Fernandes
Bedrooms
0
Bathrooms
0.5
Living area
500 sqft
Year built
1955

About this home

Located in one of the Mixed Use Hub Overlay Districts in East Providence this property has so much to offer with endless possibilities. Prime Commercial Opportunity in East Providence!! Opportunity awaits at 215 Waterman Ave, featuring approximately 500 square feet of commercial space in a C-1 zoning district. This property offers a flexible footprint with potential for a variety of commercial uses, subject to applicable zoning and permitting requirements. The C-1 zoning designation provides an excellent foundation for an owner-user, investor, residential multi unit’s or entrepreneur looking to establish or expand a business in East Providence. Whether you’re seeking a compact retail location, professional office, service-oriented business, or other permitted commercial use, this property offers versatility and potential. A great opportunity to secure commercial space in a convenient East Providence location with possibilities for future improvement or redevelopment, subject to city approvals. Buyer to verify all zoning, permitted uses, building requirements, and development potential with the City of East Providence.

Property details

MLS #
1424205
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 23, 2026
Stories
N/A
Total bathrooms
0.5
Garage spaces
N/A
Parking spaces
12
Lot size
0.19 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Orlo Avenue School
0.41 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
234
Student:teacher ratio
12.3:1
District
East Providence
Middle
Edward Martin Middle
1 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
595
Student:teacher ratio
12.9:1
District
East Providence
High
East Providence High
0.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,585
Student:teacher ratio
14.4:1
District
East Providence

Walkability

Blended score for East Providence's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.2 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks17
Schools13
Transit stops20
Pharmacies9

Market position

How this listing compares to current activity in East Providence, from live MLS data.

On the market 0 days -- 53 fewer days than East Providence's current average of 53 days.
For reference, the median list price across 252 active listings in East Providence right now is $474,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,709/mo
$85,000 down
$339,999 loan
Principal & interest$2,205
Property tax (est.)$354
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.