# 294 Waterman Avenue, Smithfield, RI 02917 > **TL;DR:** commercial, $699,000 ($194/sqft), built 1950, 3,608 sqft. > A/C. Est. $3,739/mo. Listed 600 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $699,000 | | Price/sqft | $194 | | Square Feet | 3,608 | | Year Built | 1950 | | Lot Size | 17,860 sqft (0.41 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 600 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,535 | | Estimated Insurance | $204 | | **Total** | **$3,739** | ## Key Amenities - A/C ## Property Highlights - Built in 1950 - 0.41 acre lot - 25 parking spaces ## Description ### Agent 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!!!!! ## Location - **Address:** 294 Waterman Avenue, Smithfield, RI 02917 - **County:** Providence - **Coordinates:** 41.873049, -71.495344 - **Google Maps:** https://www.google.com/maps?q=41.873049,-71.495344 ## Virtual Tour & Media - **Video Tour:** https://tour.RiLiving.com/294-Waterman-Avenue-Smithfield-RI-02917 ## Listing Agent - **Name:** Edward West - **Brokerage:** RE/MAX PREFERRED - **Broker Phone:** (401) 353-2200 ## Photos ![294 Waterman Avenue - Photo 1](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3086814122r.jpg) ![294 Waterman Avenue - Photo 2](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f1376883037r.jpg) ![294 Waterman Avenue - Photo 3](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f360596823r.jpg) ![294 Waterman Avenue - Photo 4](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f4211318741r.jpg) ![294 Waterman Avenue - Photo 5](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3165463906r.jpg) ![294 Waterman Avenue - Photo 6](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f2215273627r.jpg) ![294 Waterman Avenue - Photo 7](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3587868078r.jpg) ![294 Waterman Avenue - Photo 8](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f2935891239r.jpg) ![294 Waterman Avenue - Photo 9](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3258214812r.jpg) ![294 Waterman Avenue - Photo 10](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f760662031r.jpg) ![294 Waterman Avenue - Photo 11](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f1758374525r.jpg) ![294 Waterman Avenue - Photo 12](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f4291397311r.jpg) ![294 Waterman Avenue - Photo 13](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3328899001r.jpg) ![294 Waterman Avenue - Photo 14](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f1286552676r.jpg) ![294 Waterman Avenue - Photo 15](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f1276722128r.jpg) ![294 Waterman Avenue - Photo 16](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f2325701621r.jpg) ![294 Waterman Avenue - Photo 17](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f181748396r.jpg) ![294 Waterman Avenue - Photo 18](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f2940170519r.jpg) ![294 Waterman Avenue - Photo 19](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f4237872740r.jpg) ![294 Waterman Avenue - Photo 20](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3124170895r.jpg) ![294 Waterman Avenue - Photo 21](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3747119955r.jpg) ![294 Waterman Avenue - Photo 22](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f1762738207r.jpg) ![294 Waterman Avenue - Photo 23](http://lh.rdcpix.com/8412099dbcadd631e7da47fa58dc2722l-f3534053415r.jpg) --- **MLS#:** 1379796 | **Updated:** 2026-10-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/294-waterman-avenue-smithfield-ri-02917-32e3388eb68c4a0f979e859819fb76e6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/294-waterman-avenue-smithfield-ri-02917-32e3388eb68c4a0f979e859819fb76e6#listing", "url": "https://www.propertysimple.ai/listing/294-waterman-avenue-smithfield-ri-02917-32e3388eb68c4a0f979e859819fb76e6", "name": "294 Waterman Avenue, Smithfield, RI 02917", "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 ... 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