Corner Retail or Office
For Sale
Contact for pricing
Pending
250 County Road #3, Barrington, RI 02806
Highly visible corner storefront offers flexible open space suitable for retail, café, or office use.
Property Size1,500 SF
Days on Market176
Property Features for 250 County Road #3
General Information
Standard status
Pending
Size
1,500 SF
Property subtype
Commercial
Building Details
Year Built
1984
Listing Agency:
Corcoran Chart House Realty
(401) 246-4198
Listed By:
Matt Antonio · License #REB.0019238
(508) 243-6615
Source:
Lockandkeyre
Added: May 4
Changed: Oct 25
Last Checked: Oct 24 at 6:56PM
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 Corcoran Chart House Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Available for sale, this 1,500 square foot corner commercial unit is configured with flexible, open interior space and street-facing frontage. The location is positioned for prominent visibility along a highly traveled corridor, with natural opportunities for customer access and signage.
The property is situated at the corner of County Road and Waseca Avenue in Barrington, Rhode Island. It sits directly across from Bank of America and is near TD Bank and Shell Gas Station, supporting consistent daily pedestrian and vehicle activity.
This suite is well suited for a variety of uses, including boutique retail, a café or small restaurant concept, or a professional or medical office, depending on the tenant’s operating requirements.
The property is situated at the corner of County Road and Waseca Avenue in Barrington, Rhode Island. It sits directly across from Bank of America and is near TD Bank and Shell Gas Station, supporting consistent daily pedestrian and vehicle activity.
This suite is well suited for a variety of uses, including boutique retail, a café or small restaurant concept, or a professional or medical office, depending on the tenant’s operating requirements.
Key Highlights
- 1,500 SF commercial space available for lease with a flexible, open layout
- Highly visible corner location on County Road and Waseca Avenue in Barrington, RI
- Year built 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,331
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,620
$446.6K
Cap Rate 7%
$319,014
$319.0K
Cap Rate 9%
$248,122
$248.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$33.3K $22.20/SF
− Vacancy
−$1.4K −$0.93/SF
EGI
$31.9K $21.27/SF
− OpEx
−$9.6K −$6.38/SF
NOI
$22.3K $14.89/SF
Area
Bristol County, RI
Vacancy
4.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,620
Cap Rate 7%
$319,014
Cap Rate 9%
$248,122
Alternative Uses
Best Use
Retail
$319.0K
$279.1K – $372.2K
NOI $22,331 @ 7.0% cap · market cap 638.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$501.8K
$439.1K – $585.5K
NOI $35,128 @ 7.0% cap · market cap 1,003.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 38%
Apparel 36%
Electronics 14%
Dining 13%
Ace Hardware
Home Improvements & Furnishings
7,129 visits/mo
0.3 miles
LOFT
Apparel
4,446 visits/mo
0.2 miles
Verizon
Electronics
2,584 visits/mo
0.2 miles
Starbucks
Dining
2,467 visits/mo
0.2 miles
Talbots
Apparel
2,294 visits/mo
0.2 miles
Demographics for 02806, RI
17,153
Population
6,341
Households
2.7
Avg Household Size
43
Median Age
72%
College-Educated
98%
High-School Grad
8.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$150,542
Median Household Income
$76,040
Median Earnings
$1,794
Median Rent
$591,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- In Full Bloom Flowers — 404 County Rd, Barrington, RI 02806
Frequently Asked Questions
What type of property is this?
Storefront property - Highly visible corner storefront offers flexible open space suitable for retail, café, or office use.
Where is this storefront property located?
The property is located at 250 County Road #3 Barrington, RI.
What are key features of this property?
This property features: 1,500 SF commercial space available for lease with a flexible, open layout; Highly visible corner location on County Road and Waseca Avenue in Barrington, RI; Year built 1984
