Office Units for
For Sale
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134 Rathbun Street, Woonsocket, RI 02895
For sale office units totaling about 1,000 square feet at 134 Rathbun Street in Woonsocket, RI.
Property Size1,000 SF
Price / SF$1.20
Days on Market122
Property Features for 134 Rathbun Street
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Mancieri Real Estate
Listed By:
Garrett Mancieri · License #REB.0019046
(401) 651-1519
Source:
Lockandkeyre
Added: Jul 3
Changed: Oct 31
Last Checked: Oct 30 at 4:50PM
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 Mancieri Real Estate
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Investment Insights
Based on property information with market context.
This offering consists of office units for sale, providing approximately 1,000 square feet of commercial space at 134 Rathbun Street in Woonsocket, RI 02895.
The property is presented as office space within the Office Units/Office Spaces category, suitable for buyers seeking a compact footprint in a straightforward office configuration.
For sale under a commercial real estate transaction, the asset is positioned as an option for ownership of office space totaling roughly 1,000 square feet.
The property is presented as office space within the Office Units/Office Spaces category, suitable for buyers seeking a compact footprint in a straightforward office configuration.
For sale under a commercial real estate transaction, the asset is positioned as an option for ownership of office space totaling roughly 1,000 square feet.
Key Highlights
- Office units totaling about 1,000 SF for sale
- Located at 134 Rathbun Street in Woonsocket, RI
- Building year built: 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,926
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,520
$258.5K
Cap Rate 7%
$184,657
$184.7K
Cap Rate 9%
$143,622
$143.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$20.0K $20.04/SF
− Vacancy
−$2.8K −$2.81/SF
EGI
$17.2K $17.23/SF
− OpEx
−$4.3K −$4.31/SF
NOI
$12.9K $12.93/SF
Area
Providence County, RI
Vacancy
14.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,520
Cap Rate 7%
$184,657
Cap Rate 9%
$143,622
Alternative Uses
Best Use
Office B
$184.7K
$161.6K – $215.4K
NOI $12,926 @ 7.0% cap · market cap 1,077.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$237.9K
$208.1K – $277.5K
NOI $16,650 @ 7.0% cap · market cap 1,387.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,295
Businesses Nearby
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Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - For sale office units totaling about 1,000 square feet at 134 Rathbun Street in Woonsocket, RI.
Where is this office unit located?
The property is located at 134 Rathbun Street Woonsocket, RI.
What are key features of this property?
This property features: Office units totaling about 1,000 SF for sale; Located at 134 Rathbun Street in Woonsocket, RI; Building year built: 1900
