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    187 Washington Rd Barrington, RI 02806

    For Sale
    $5,500,000

    Apartment,Commercial - Barrington, RI

    Property size:
    18,522 SF
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 187 Washington Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NB-COMM
    Parking
    27
    Exterior features
    Suburban
    Size
    18,522 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2008
    Floors in Building
    2
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    Residential Properties Ltd. (401) 439-7705 [email protected]

    Listing agent Eddie Rayden (401) 245-9600

    Listing date Oct 7, 2025

    MLS# 1389863 Listing URL

    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

    Barrington Multifamily Investment Opportunity

    This 14-unit residential complex is located in Barrington, Rhode Island. Situated on nearly an acre, the property is near beaches, a bike path, schools, and the town center. The complex includes four newer buildings, each containing eight units. These units feature two bedrooms and 2.5 baths. An additional well-maintained building houses two units, each with two bedrooms and one bath. A recently converted brick building contains four units with two bedrooms; two units have one bath, and two have 1.5 baths. Many units include high ceilings, central air, in-unit washer and dryer, and off-street parking. The property is centrally located with proximity to the East Bay, Providence, and Southeastern Massachusetts. The property size is 18522 square feet. The zoning is NB-COMM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Barrington
    County
    Bristol
    State
    Rhode Island
    Longitude
    -71.342032
    Latitude
    41.748088

    Nearby Similar for Sale

    • $1,395,000

      Barrington Commercial Building Opportunity

      Free-standing commercial building in prime Barrington location. Excellent condition.
      64 Bay Spring Ave, Barrington, RI 02806
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 14-unit residential complex in desirable Barrington, Rhode Island.
    Where is this apartment building located?
    The property is located at 187 Washington Rd Barrington, RI.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - High-income generating 14-unit residential complex in a highly desirable Barrington location; - Proximity to beaches, bike path, schools, and town center; - Mix of newer and recently converted high-end units, many with soaring ceilings
    (401) 245-9600
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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
    187 Washington Rd Barrington, RI 02806
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