INNOVATE
Real Estate
No photos available for this listing

$699,000

294 Waterman Avenue
Smithfield, RI 02917
Listed by Edward West
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

Excellent Hospitality Business Opportunity ... Well-established and newly renovated restaurant and bar in a mixed suburban setting ... Improvements include new roof and siding ... totally renovated and updated interior ... Previously approved for outdoor dining ... The property is zoned R20 ... The only allowable commercial use is restricted to a food and beverage operation. REDUCED!!!!!

Property details

MLS #
1379796
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
453
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.41 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Greystone School
1.01 mi away · Grades -1-5
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
286
Student:teacher ratio
13.0:1
District
North Providence
Middle
Dr. Edward Ricci School
2.18 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
405
Student:teacher ratio
13.5:1
District
North Providence
High
North Providence High
2.04 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
1,095
Student:teacher ratio
12.2:1
District
North Providence

Mortgage calculator

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Est. monthly payment
$4,359/mo
$139,800 down
$559,200 loan
Principal & interest$3,627
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 8, 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.