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    Renovated Office Suites with Parking Title is generated by Realmo AI

    18 Imperial Pl, Providence, RI

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    Move-in ready office suites with dedicated parking and courtyard.

    Type:OFFICE
    Property size:
    3,244 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $214/SF
    Added:
    Nov 24, 2025
    Days on Market:
    215
    Last Refresh:
    May 20 at 8:37 pm

    Property Features for 18 Imperial Pl

    General Information

    Standard status
    Active
    Size
    3,244 SF
    Lot size
    0.30 Acres
    Property subtype
    OFFICE

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    Whitney Rugg

    Listing office MG Commercial

    Listing date Nov 24, 2025

    Source Moodyscre

    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 MG Commercial

    HighLights

    • 2 Completely Renovated, Move‑In Ready Office Suites
    • Dedicated Parking at No Additional Charge
    • Functional Floor Plans
    • Outdoor Courtyard

    Overview

    This property features two completely renovated office suites, ready for immediate occupancy. The suites offer functional floor plans and include dedicated parking at no additional charge. An outdoor courtyard is also available.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $87.6k $27.00
    − Vacancy −$13.6k −$4.19
    EGI $74.0k $22.81
    − OpEx −$18.5k −$5.70
    NOI $55.5k $17.11
    3,244 SF · lease $27.00/SF/yr · vacancy 15.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $793.0K
    $693.9K – $925.2K (±1% cap)
    NOI $55,509 @ 7.0% cap · market cap 7.99%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.09M
    $949.6K – $1.27M (±1% cap)
    NOI $75,971 @ 7.0% cap · market cap 10.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Marie Sample Midwife Domaine Designs (Bike/Boat/Book/etc) Store Structures Workshop, Inc. Structural Engineer Women & Infants Medical Clinic The Providence Institute Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4115
    Latitude
    41.817

    FAQs

    What type of property is this?
    Office units - Move-in ready office suites with dedicated parking and courtyard.
    Where is this office units located?
    The property is located at 18 Imperial Pl Providence, RI.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 2 Completely Renovated, Move‑In Ready Office Suites; Dedicated Parking at No Additional Charge; Functional Floor Plans
    (401) 474-4879 Call to check price and availability
    More about this property
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