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    Multi-Tenant Office Building Title is generated by Realmo AI

    2797 POST RD, Warwick, RI 02886

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    Three-unit office building with a currently vacant lower level on highly visible Post Road in Warwick, Rhode Island.

    Type:Office, Mixed Use
    Property size:
    3,464 SF
    Price / SF:
    $180/SF
    Added:
    Jun 16, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 3:36 am

    Property Features for 2797 POST RD

    General Information

    Standard status
    Active
    Size
    3,464 SF
    Property subtype
    Office, Mixed Use

    Building Details

    Year Built
    1970

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    Robert Fox
    Robert Fox

    Listing office Elite Commercial Realty

    Listing date Jun 16, 2026

    Source Crexi

    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 Elite Commercial Realty

    HighLights

    • 3,464 SF, 3‑unit multi‑tenant office building for sale in Warwick, RI
    • Lower‑level space is currently vacant, offering potential for an owner‑user or additional rental income
    • Well‑maintained office property on highly visible Post Road in Warwick
    • Anchored by long‑standing tenants with stable income and strong occupancy history
    • Convenient to I‑95, Route 37, and T.F. Green International Airport, plus nearby restaurants and retail

    Overview

    This well-maintained, three-unit multi-tenant office building offers a total of 3,464 SF across separate offices. The property is designed for straightforward tenanting and includes a lower-level space that is currently vacant, creating an immediate opportunity for an owner-user to occupy the premises or for an investor to lease the unit. The building is presented in good condition and benefits from having existing tenancies within the overall configuration.

    The building is situated on highly visible Post Road in Warwick, Rhode Island, providing strong day-to-day accessibility for clients and employees. It is conveniently located near major transportation and business access points, including I-95 and Route 37, with T.F. Green International Airport also nearby. The area includes restaurants, retail amenities, and other major business services.

    For prospective tenants, the mix of units can support a variety of office users seeking a shared, multi-tenant setting on a heavily traveled corridor. For buyers, the vacant lower-level unit provides flexibility and enables a tailored occupancy plan, whether that means moving in as an owner-user or adding a new tenant to the existing income stream.

    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 $71.5k $20.64
    − Vacancy −$14.8k −$4.27
    EGI $56.7k $16.37
    − OpEx −$14.2k −$4.09
    NOI $42.5k $12.28
    3,464 SF · lease $20.64/SF/yr · vacancy 20.67% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $607.7K
    $531.7K – $709.0K (±1% cap)
    NOI $42,539 @ 7.0% cap · market cap 6.81%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $867.6K
    $759.1K – $1.01M (±1% cap)
    NOI $60,731 @ 7.0% cap · market cap 9.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    The Rex Real Estate ... Real Estate Agency Silvers Psychology and Wellness Counselor RI Laser Sculpting Spa & Massage Center Dunkin Cafe & Coffee Shop Pilloni Family Chiropractic Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office 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
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4512981
    Latitude
    41.7084806

    FAQs

    What type of property is this?
    Office building - Three-unit office building with a currently vacant lower level on highly visible Post Road in Warwick, Rhode Island.
    Where is this office building located?
    The property is located at 2797 POST RD Warwick, RI.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 3,464 SF, 3‑unit multi‑tenant office building for sale in Warwick, RI; Lower‑level space is currently vacant, offering potential for an owner‑user or additional rental income; Well‑maintained office property on highly visible Post Road in Warwick
    (401) 479-6233 Call to check price and availability
    More about this property
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