292 Waterman Ave Smithfield, RI 02917

This exceptional commercial property at 292 Waterman Avenue in Smithfield, Rhode Island, presents a unique investment opportunity. The single-story, 1930-built building sits on a substantial 0.47-acre lot (20,473.2 sq ft) and offers a versatile layout ideal for a variety of uses. Currently configured as a well-maintained office building, the space includes ten private offices, a conference room, a break room/kitchenette, two restrooms, and a utility room complete with a shower. Ample parking is available on-site, accommodating approximately 25-30 vehicles. The building's excellent location just off Route 104 ensures high visibility and accessibility, with convenient proximity to major highways like Routes 44 and 295, maximizing marketing potential. The property's zoning allows for potential residential conversion, adding further flexibility for future development. The asking price for this meticulously maintained property is $799,900. This presents a compelling opportunity for businesses seeking a well-established office space or investors looking for a versatile property with significant upside potential in a thriving Rhode Island community. The property's location offers easy access to a high volume of traffic, making it an ideal location for businesses seeking high visibility. The existing office layout is well-suited for a variety of professional services, including insurance companies, law firms, and accounting practices. The ample parking and convenient highway access further enhance the property's appeal.