CCertihomes
99 Waterman Avenue, East Providence, RI 02914

$449,000

0 beds 0 baths Built 1981Active

About this home

Welcome to an exciting investment opportunity in the heart of East Providence. This commercial building presents an ideal setting for a thriving restaurant or deli business. Situated on Waterman Av, the property boasts 1700 sq/ft, ample parking with 10-13 spots, ensuring convenience for customers. Renovations have been initiated to add another bathroom and 340 sq/ft of space, allowing further customization and enhanced functionality. New plumbing and windows have been installed. The flexible layout provides creative interior design and options for your business needs. Some restaurant/deli business equipment is included, saving you time and investment. Bring it on your vision to complete this project. Don't miss out on this opportunity!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$5,003/mo

Real estate (PITI + HOA + PMI)
$4,037
Principal + interest$2,892
Property tax + insurance$977
PMI / 2nd mortgage$168
Utilities
$1,766
Heating + cooling$730
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$156
Car insurance + maintenance$156
Other (entertainment)
$140
$5,003/mo TLC
Budget$5,503/mo
Remaining after TLC$500/mo
Purchase price
$449,000
Down payment
$22,450 (5%)
Loan amount
$426,550
APR
7.19%

Quick facts

Type
Commercial Sale
Style
Year built
1981
Lot size
Stories
0
Heating
Gas Connected
Cooling
None
Water
Connected, Public
HOA
Annual tax
$5,263
MLS #
1356327
County
Providence

At a glance

New construction

Home features

Interior
Ceiling Height: 9-12 Ft
Sewer
Available, Public

Lot features

Free Standing

Neighborhood — 02914

MetricThis ZIPCountyUSA
Population21,7201,095,423299,088,112
Population Change Since19900.00%9.00%20.00%
Population Density4,546994
Male10,261529,266147,432,321
Female11,458566,157151,655,844
Never Married5,263266,40463,775,926
Married8,305435,678123,120,365
Separated86943,64212,639,686
Widowed1,70966,66815,467,586
Divorced1,82083,84323,075,029
Number Of House Hold8,866410,399111,826,380
Average House Hold Size2.412.562.60
Medial Age38.0437.2735.46
Median House Hold Income$38,508$47,553$48,276
Average House Hold Income$44,876$61,609$63,629
P C I$18,951$23,965$24,529
M D I$33,768$40,634$41,133
A T H E$40,702$49,940$50,898
S T R7.00%7.00%
W C J74.66%78.02%77.74%
(Zip) Code
2914

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/9/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.