230 Waterman Street Update 05/11/21

Capstone Properties Acquires Providence Funeral Home

Monahan Properties, LLC sold 230 Waterman Street to Myles Standish Associates Limited Partnership - a partnership between Stephen R. Lewinstein Associates and Capstone Properties - for $1,000,000.

The former home of the Monahan Drabble Sherman Funeral Home and located in Wayland Square, 230 Waterman Street is in immediate proximity to a dense shopping district with easy access to Thayer Street on the East Side as well as Downcity Providence and features 9,491 SF of retail space. Stephen R Lewinstein Associates is planning a redevelopment of the Wayland Square property.

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