Office Condominium Suite with Private
250 Wampanoag Trail Unit 303 East Providence, RI 02915
250 Wampanoag Trail Unit 303, East Providence, RI, 02915
$149,000
For Sale
$149,000
Updated office condo suite featuring four private offices, a reception area, and a private bathroom.
Property Size826 SF
Price / SF$180.39
Days on Market32
Property Features for 250 Wampanoag Trail Unit 303
General Information
- Standard status
- Active
- Size
- 826 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1977
Listing agency
Century 21 AllPoints Realty
(401) 952-3356
Listed by
Diana Kryston
(401) 952-3356
Source
Xome
Added: Jun 21 Updated: Jul 21 at 2:41AM Checked: Jul 22 at 3:49AM
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 beautifully maintained office condominium unit has been recently updated and is designed for a professional office layout. The suite includes four private offices, a reception area, and a private bathroom, providing separate work spaces along with a dedicated guest entry and waiting area.
The property offers easy highway access, and it is described as being in proximity to Providence, along with plenty of onsite parking.
Unit 303 at 250 Wampanoag Trail is available for sale as a turnkey office condominium configuration with the interior components specifically arranged for professional use.
The property offers easy highway access, and it is described as being in proximity to Providence, along with plenty of onsite parking.
Unit 303 at 250 Wampanoag Trail is available for sale as a turnkey office condominium configuration with the interior components specifically arranged for professional use.
Key Highlights
- Updated office condominium suite with four private offices, reception area, and a private bathroom
- Central air cooling and heating listed as “3”
- On‑site parking for 5 vehicles
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 | $16.6k | $20.04 |
| − Vacancy | −$2.3k | −$2.81 |
| EGI | $14.2k | $17.23 |
| − OpEx | −$3.6k | −$4.31 |
| NOI | $10.7k | $12.93 |
826 SF · lease $20.04/SF/yr · vacancy 14.00% · expense 25.00%
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 local authorities.
Property Analytics
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
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FAQs
What type of property is this?
Office units - Updated office condo suite featuring four private offices, a reception area, and a private bathroom.
Where is this office units located?
The property is located at 250 Wampanoag Trail Unit 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: Updated office condominium suite with four private offices, reception area, and a private bathroom; Central air cooling and heating listed as “3”; On‑site parking for 5 vehicles
