Second-Floor Flex Office
For Sale
Contact for pricing
2900 South County Trail, East Greenwich, RI 02818
Brand-new second-floor suite offers flexible layout with private bath, kitchenette, and windows, plus ample on-site parking.
Property Size1,600 SF
Price / SF$0.01
Days on Market102
Property Features for 2900 South County Trail
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Lease Type
Gross
Amenities
private bath
kitchenette
windows & natural light
Building Details
Year Built
2026
Listing Agency:
RI Real Estate Services
(401) 885-5400
Listed By:
Michael Russo · License #REB.0018125
(401) 465-0417
Source:
Lockandkeyre
Added: Jul 16
Changed: Oct 25
Last Checked: Oct 24 at 6:40PM
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 RI Real Estate Services
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Investment Insights
Based on property information with market context.
This brand-new second-floor commercial suite is designed for flexible use, with a private bath and kitchenette included. The space also features windows for natural light and comes with a private entry to the second floor. Access is via stairs only, as there is no elevator.
The property is positioned directly off Route 4 on the East Greenwich/North Kingstown line, with ample parking available for customers and staff.
The suite is available for lease on a base-rent-plus-utilities basis, and it may be outfitted to fit a tenant’s needs.
The property is positioned directly off Route 4 on the East Greenwich/North Kingstown line, with ample parking available for customers and staff.
The suite is available for lease on a base-rent-plus-utilities basis, and it may be outfitted to fit a tenant’s needs.
Key Highlights
- Brand‑new second‑floor commercial suite (Year Built: 2026) on the East Greenwich/North Kingstown line
- 1,600 SF of flexible space suitable for office, retail, medical, or fitness uses
- Private bath and kitchenette included, with windows for natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,648
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,960
$393.0K
Cap Rate 7%
$280,686
$280.7K
Cap Rate 9%
$218,311
$218.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$33.0K $20.64/SF
− Vacancy
−$6.8K −$4.27/SF
EGI
$26.2K $16.37/SF
− OpEx
−$6.5K −$4.09/SF
NOI
$19.6K $12.28/SF
Area
Kent County, RI
Vacancy
20.67%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,960
Cap Rate 7%
$280,686
Cap Rate 9%
$218,311
Alternative Uses
Best Use
Office B
$280.7K
$245.6K – $327.5K
NOI $19,648 @ 7.0% cap · market cap 109,155.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$400.7K
$350.6K – $467.5K
NOI $28,051 @ 7.0% cap · market cap 155,838.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
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Business Placement
Demographics for 02818, RI
19,907
Population
8,623
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
939
Density / Sq Mi
$120,952
Median Household Income
$72,985
Median Earnings
$1,384
Median Rent
$564,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Brand-new second-floor suite offers flexible layout with private bath, kitchenette, and windows, plus ample on-site parking.
Where is this office unit located?
The property is located at 2900 South County Trail East Greenwich, RI.
What are key features of this property?
This property features: Brand‑new second‑floor commercial suite (Year Built: 2026) on the East Greenwich/North Kingstown line; 1,600 SF of flexible space suitable for office, retail, medical, or fitness uses; Private bath and kitchenette included, with windows for natural light
