Medical Office Condominium
For Sale
Contact for pricing
1524 Atwood Avenue, Johnston, RI 02919
Healthcare condominium offering includes multiple interconnected buildings, named medical providers, and two ingress/egress points.
Property Size118,000 SF
Lot Size5.48 Acres
Days on Market145
Property Features for 1524 Atwood Avenue
General Information
Standard status
Active
Size
118,000 SF
Lot size
5.48 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
55
Building Details
Buildings
4
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Seth Richard · License #NY 10401275108
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:06AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This medical office offering includes 55 condominium units within four interconnected buildings, representing 118,000+/- square feet on 5.48 acres. CharterCare of Rhode Island, Quest Diagnostics, Brown Surgical Associates, and ATMED Urgent Care are among the named occupants. The offered units have a 2.7-year WALT, with 12 units currently vacant. The sale also includes rights to construct two additional buildings, subject to the applicable planning and approval process. Preliminary concepts identify a slightly more than 10,000-square-foot building near the property's frontage and a separate approximately 12,000-square-foot, two-story building toward the rear on an additional 1.05 acres.
The property is located at 1524 Atwood Avenue, also identified as Route 5, with two ingress/egress points, including a signal shared with the adjacent USPS facility and a retail center. Nearby occupants and services include Walgreens, TD Bank, municipal fire and police facilities, and local middle and high schools. Interstate 295 is less than 1 mile away, while Downtown Providence is just over 5 miles east.
The property is located at 1524 Atwood Avenue, also identified as Route 5, with two ingress/egress points, including a signal shared with the adjacent USPS facility and a retail center. Nearby occupants and services include Walgreens, TD Bank, municipal fire and police facilities, and local middle and high schools. Interstate 295 is less than 1 mile away, while Downtown Providence is just over 5 miles east.
Key Highlights
- 118,000+/- square feet of medical office space on 5.48 acres
- 55 condominium units offered out of 66 total units across four interconnected buildings
- 12 units currently vacant; offered units carry a 2.7‑year WALT
Property Analytics
Property Profile
Current Use
Lease Details
55
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02919, RI
29,473
Population
11,993
Households
2.5
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,254
Density / Sq Mi
$87,811
Median Household Income
$56,068
Median Earnings
$1,259
Median Rent
$326,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Healthcare condominium offering includes multiple interconnected buildings, named medical providers, and two ingress/egress points.
Where is this medical office space located?
The property is located at 1524 Atwood Avenue Johnston, RI.
What are key features of this property?
This property features: 118,000+/- square feet of medical office space on 5.48 acres; 55 condominium units offered out of 66 total units across four interconnected buildings; 12 units currently vacant; offered units carry a 2.7‑year WALT
