About This Home

This 0-bedroom, 0-bathroom commercial at 294 Waterman Avenue in Smithfield, RI is listed for $699,000 ($194 per sqft). Built in 1950, the home offers 3,608 sqft of living space on a 0.41 acres lot.

Key Features

  • Built in 1950
  • 0.41 acre lot
  • 25 parking spaces

Property Details

25 spaces
1950

Amenities

A/C
Listing Description

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!!!!!

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

294 Waterman Avenue

Smithfield, RI 02917

Features & Amenities

Interior Features

Ceiling Height (9 to 12 Ft)

Property Details

Construction

Frame

Heating

Natural GasBaseboardCentral

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 294 Waterman Avenue is listed at $699,000 ($194/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.41 acre lot, 25 parking spaces. Interior Features: Ceiling Height (9 to 12 Ft).

This property is listed by Edward West.

EW

Edward West

Agent at RE/MAX PREFERRED

Listed by RE/MAX PREFERRED · Broker phone: (401) 353-2200 · Broker website

MLS# 1379796· Source: State Wide MLS of Rhode Island, Inc.· 597 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

294 Waterman Avenue, Smithfield, RI 02917

Open this listing in: