Warwick Office Building For
2871 Post Road Warwick Warwick, RI 02886
2871 Post Road Warwick, Warwick, RI, 02886
$1,299,999
For Sale
$1,299,999
2,928 SF professional office building in high-traffic Warwick location.
Property Size2,928 SF
Price / SF$443.99
Days on Market62
Property Features for 2871 Post Road Warwick
General Information
- Standard status
- Active
- Size
- 2,928 SF
Building Details
- Year Built
- 2009
Listing Agency
(508) 501-1443
Listed by
Alyson Roslonek
(508) 501-1443
Source
Milestonerealtyinc
Added: May 16 Checked: Jul 16 at 2:47 am
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 Alyson Roslonek
Investment Insights
Based on property information with market context.
Located in a high-visibility, high-traffic corridor in Warwick, this well-maintained 2,928 sq ft professional office building presents a flexible-use opportunity. Currently home to a successful physical therapy practice, it offers potential for medical, professional, wellness, or general office use. The interior features a welcoming waiting area, reception and administrative space, individual therapy/service rooms, a dedicated lunch/break room, and bathroom and shower facilities. The building is fully wheelchair accessible, both interior and exterior. A standout feature is the expansive open-concept therapy or recreational area, highlighted by soaring ceilings and oversized windows that flood the space with natural light. This impressive area creates a bright, energizing environment and offers exceptional versatility for medical, fitness, training, collaborative workspace, or specialty practice use. The flexible layout allows for adaptation to meet evolving business needs. A large on-site parking lot provides convenient access for employees and clients. Positioned along one of Warwick's primary commercial routes, it benefits from strong daily traffic counts and outstanding business exposure. Convenient access to major highways and proximity to T F Green International Airport further enhance regional accessibility. It is an excellent opportunity for investors or owner-occupants seeking a versatile, high-traffic commercial property.
Key Highlights
- High‑visibility location in a high‑traffic corridor in Warwick.
- Flexible‑use 2,928 sq ft professional office building suitable for medical, professional, wellness, or general office use.
- Expansive open‑concept therapy/recreational area with soaring ceilings and oversized windows.
Local Financial Insights For Healthcare Medical
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 | $79.1k | $27.00 |
| − Vacancy | −$5.9k | −$2.03 |
| EGI | $73.1k | $24.98 |
| − OpEx | −$29.3k | −$9.99 |
| NOI | $43.9k | $14.99 |
2,928 SF · lease $27.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$626.8K
$548.5K – $731.3K
NOI $43,876 @ 7.0% cap · market cap 3.38%
Second Best
Office B
$513.7K
$449.5K – $599.3K
NOI $35,957 @ 7.0% cap · market cap 2.77%
Theoretical Best
Specialty Retail
$733.3K
$641.7K – $855.6K
NOI $51,334 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Prehab Sports Medicine ...
Physician
Haley Michael
Physician
Prehab Sports Medicine ...
Physician
Prehab RI Sports ...
Physician
Mr. Arthur Keegan
Physician
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FAQs
What type of property is this?
Medical Office Space - 2,928 SF professional office building in high-traffic Warwick location.
Where is this medical office space located?
The property is located at 2871 Post Road Warwick Warwick, RI.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: High‑visibility location in a high‑traffic corridor in Warwick.; Flexible‑use 2,928 sq ft professional office building suitable for medical, professional, wellness, or general office use.; **Expansive open‑concept therapy/recreational area with soaring ceilings and oversized windows.**