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Versatile Medical Office Condo Unit
For Sale
$59,900
Pending

1002 Broad #2, Central Falls, RI 02863

796 SF condo suitable for medical or residential use.

Property Size796 SF
Days on Market313

Property Features for 1002 Broad #2

General Information

Standard status Pending
Size 796 SF
Property subtype Commercial

Building Details

Year Built 1986
Listing Agency: RE/MAX RESULTS
Listed By: THE QUINN GROUP
Source: Corcoran
Added: Sep 30, 2025 Changed: Jul 6 Last Checked: Jul 23 at 8:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX RESULTS

Investment Insights

Based on property information with market context.

This 796-square-foot condo unit is suitable for a variety of uses including medical and dental offices, medical laboratories, radiology or x-ray facilities, pharmacies, and even emergency room operations. With zoning approval, the property also presents an opportunity for conversion into a residential condominium. Featuring secured entry, this space invites you to bring your vision and transform it into your ideal setting. The property is being sold As-Is.

Key Highlights

  • Versatile 796 sq ft condo suitable for medical, dental, lab, pharmacy, or emergency room use
  • Potential for conversion to a residential condominium (with zoning approval)
  • Secured entry

Property Analytics

Current Use

East Side Clinical ... Medical Laboratory Newport Optical Inc Ophthalmologist Safa F MD Physician Associates In Ophthalmology Physician Safa Wagdi, M.D. Ophthalmologist

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Garden Center HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

887
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02863, RI

22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Johnston Ri Banfiled Animal Hospital 97 Sylvian St, Central Falls, RI 02863

Frequently Asked Questions

What type of property is this?
Medical Office Space - 796 SF condo suitable for medical or residential use.
Where is this medical office space located?
The property is located at 1002 Broad #2 Central Falls, RI.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Versatile 796 sq ft condo suitable for medical, dental, lab, pharmacy, or emergency room use; Potential for conversion to a residential condominium (with zoning approval); Secured entry
More about this property
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