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$999,991

472 Waterman Ave, East Providence RI 02914
East Providence, RI 02914
Listed by Michael Cappiello
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Don’t miss this rare opportunity to own a well-established mixed-use property located on highly desirable Waterman Avenue. This income-producing asset features a thriving restaurant and two spacious residential units, offering strong investment potential.The first floor is home to a successful, long-standing restaurant with over 30 years of operation. The space includes a full-service bar, fully equipped kitchen, two restrooms, and a charming outdoor patio—perfect for additional seating during the warmer months.The second floor features two large apartments, each offering 3 bedrooms, 1 full bathroom, bonus rooms, separate dining rooms, and generously sized kitchens ideal for maximizing rental income or owner-occupancy.The property has been well maintained with major exterior updates completed within the past year, including vinyl siding, roof, and fresh exterior paint. A nicely paved driveway in the rear adds convenience for tenants and patrons alike.Positioned in a high-visibility

Property details

MLS #
73507200
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Emma G. Whiteknact School
0.26 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
255
Student:teacher ratio
11.6:1
District
East Providence
Middle
Edward Martin Middle
0.78 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
0.32 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

Mortgage calculator

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Est. monthly payment
$6,172/mo
$199,998 down
$799,993 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 10, 2026.

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.