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    Move-in Ready Office Condominium Title is generated by Realmo AI

    250 Wampanoag #203, East Providence, RI 02915

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    For Sale
    $149,900

    Renovated office condo with flexible space and highway access.

    Property size:
    840 SF
    Price / SF:
    $178/SF
    Added:
    Mar 12, 2026
    Days on Market:
    104
    Last Refresh:
    Mar 16 at 11:06 am

    Property Features for 250 Wampanoag #203

    General Information

    Standard status
    Active
    Size
    840 SF

    Building Details

    Year Built
    1977

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    Listing Contact
    FAVA + VIEIRA GROUP

    Listing agent FAVA + VIEIRA GROUP

    Listing office COMPASS

    Listing date Mar 12, 2026

    Source Corcoran

    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 COMPASS

    HighLights

    • Move‑in ready, fully renovated corner unit with multiple window exposures providing a bright workspace.
    • Features a reception area, four private offices, dedicated conference room, and private bathroom.
    • Located in a well‑maintained, recently updated building.
    • Ample on‑site parking available.
    • Convenient highway access to Providence and surrounding markets.
    • Ideal for medical, professional, or service‑oriented users seeking efficient, flexible office space.

    Overview

    This move-in ready 840 square foot commercial office condominium features a welcoming reception area, four private offices, a dedicated conference room, and a private bathroom. The fully renovated corner unit offers multiple window exposures, creating a bright and comfortable workspace. It is located in a well-maintained, recently updated building with ample on-site parking and convenient highway access to Providence and surrounding markets. This space is ideal for medical, professional, or service-oriented users seeking efficient, flexible office space.

    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 $16.8k $20.04
    − Vacancy −$2.4k −$2.81
    EGI $14.5k $17.23
    − OpEx −$3.6k −$4.31
    NOI $10.9k $12.93
    840 SF · lease $20.04/SF/yr · vacancy 14.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $155.1K
    $135.7K – $181.0K (±1% cap)
    NOI $10,858 @ 7.0% cap · market cap 7.24%
    Second Best
    Healthcare Medical
    $116.3K
    $101.7K – $135.7K (±1% cap)
    NOI $8,139 @ 7.0% cap · market cap 5.43%
    Theoretical Best
    Multifamily LT 5
    $199.8K
    $174.8K – $233.1K (±1% cap)
    NOI $13,986 @ 7.0% cap · market cap 9.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    FJ Concepts Marketing & Advertising Advanced Dentistry of Rhode ... Dental Office Riverside Smiles Dental Office Pamela Shervanick LLC Physician Pain Clinic US ... Medical Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3528288
    Latitude
    41.7960027

    FAQs

    What type of property is this?
    Office units - Renovated office condo with flexible space and highway access.
    Where is this office units located?
    The property is located at 250 Wampanoag #203 East Providence, RI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Move‑in ready, fully renovated corner unit with multiple window exposures providing a bright workspace.; Features a reception area, four private offices, dedicated conference room, and private bathroom.; Located in a well‑maintained, recently updated building.
    More about this property
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