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    132 Old River Rd, Unit 203 Lincoln, RI 02865

    For Sale
    $199,000

    COMMERCIAL - Lincoln, RI

    Type:Office
    Days on Market:
    77
    Last Refresh:
    Dec 12 at 12:06 am

    Property Features for 132 Old River Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    BL05
    Rooms
    Basement
    Parking
    91
    Interior features
    Ceiling Height (7 to 9 Ft)

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Floors in Building
    2
    Number of units
    1

    RE/MAX Town and Country (401) 333-0020 [email protected]

    Listing agent Jennifer Lemme (401) 996-6617

    Listing date Sep 27, 2025

    Copyright © 2025 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.

    Overview

    Turnkey Lincoln Commercial Office Space

    Located in Lincoln Center, this bright and spacious 920-square-foot end unit on the second floor is currently configured as a pediatrician's office. The layout includes a reception/waiting area, multiple exam rooms, a private office, administrative/greeting space, and a dedicated storage area. Additional storage is available in a private basement closet. The commercial condominium building is professionally managed and well-maintained, featuring a modern lobby, elevator access, and ample on-site parking for staff and visitors. The property is home to a range of professional businesses, including doctors, attorneys, and mortgage companies. This space is suitable for a pediatrician, general practitioner, specialist, or any professional seeking a turnkey office solution. The location is minutes from major highways, schools, shopping, and other amenities, offering exposure and accessibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Deborah Draper Occupational Therapist Shekarchi John Attorney Mark S Krieger ... Attorney Oliveira Karen A Attorney Arthritis Center Rhode ... Medical Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.451751
    Latitude
    41.935132

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    FAQs

    What type of property is this?
    Medical office - Versatile 920 SF office space in Lincoln Center.
    Where is this medical office located?
    The property is located at 132 Old River Rd, Unit 203 Lincoln, RI.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Turnkey office solution ideal for medical or professional practice, ready for immediate occupancy.; - Prime location in Lincoln Center, a professionally managed commercial condominium with modern amenities.; - Spacious 920 sq ft end unit with a well-designed layout including reception, exam rooms, private office, and storage.
    (401) 996-6617
    Request Owner's contact information
    132 Old River Rd, Unit 203 Lincoln, RI 02865
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    Lincoln, RI 02865
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132 Old River Rd, Unit 203 Lincoln, RI 02865
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