Office Condo with Private
New
For Sale
$149,000
250 Wampanoag Trail #303, East Providence, RI 02915
The updated suite includes four enclosed offices, a reception area, and a private bathroom.
Property Size826 SF
Price / SF$180.39
Days on Market6
Property Features for 250 Wampanoag Trail #303
General Information
Standard status
Active
Size
826 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Year Built
1977
Listing Agency:
Century 21 AllPoints Realty
(401) 521-9490
Listed By:
Diana Kryston · License #REC.0012588
(401) 952-3356
Source:
Lockandkeyre
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 10:08AM
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 Century 21 AllPoints Realty
Investment Insights
Based on property information with market context.
This 826-square-foot office condominium has four private offices, a reception area, and a dedicated bathroom. The unit has been updated and was built in 1977.
On-site parking and highway access serve the property at 250 Wampanoag #303 in East Providence, near Providence.
On-site parking and highway access serve the property at 250 Wampanoag #303 in East Providence, near Providence.
Key Highlights
- 826‑square‑foot office condominium
- Four private offices plus a reception area and private bathroom
- Updated unit; building constructed in 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,677
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,540
$213.5K
Cap Rate 7%
$152,529
$152.5K
Cap Rate 9%
$118,633
$118.6K
Market Conditions
NOI Build-Up for 826 SF
Gross rent
$16.6K $20.04/SF
− Vacancy
−$2.3K −$2.81/SF
EGI
$14.2K $17.23/SF
− OpEx
−$3.6K −$4.31/SF
NOI
$10.7K $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%
$213,540
Cap Rate 7%
$152,529
Cap Rate 9%
$118,633
Alternative Uses
Best Use
Office B
$152.5K
$133.5K – $178.0K
NOI $10,677 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$196.5K
$171.9K – $229.2K
NOI $13,753 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 02915, RI
16,603
Population
7,746
Households
2.1
Avg Household Size
47
Median Age
36%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
3,019
Density / Sq Mi
$90,558
Median Household Income
$61,062
Median Earnings
$1,482
Median Rent
$317,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - The updated suite includes four enclosed offices, a reception area, and a private bathroom.
Where is this office units located?
The property is located at 250 Wampanoag Trail #303 East Providence, RI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 826‑square‑foot office condominium; Four private offices plus a reception area and private bathroom; Updated unit; building constructed in 1977
