Office Condominium with Private
303-250 Wampanoag Trl Riverside, RI 02915
303-250 Wampanoag Trl, Riverside, RI, 02915
$149,000
For Sale
$149,000
Updated office condominium featuring four private offices, reception, and a private bathroom with ample onsite parking.
Property Size826 SF
Price / SF$180.39
Days on Market28
Property Features for 303-250 Wampanoag Trl
General Information
- Standard status
- Active
- Size
- 826 SF
Listing agency
Century 21 AllPoints Realty
(401) 952-3356
Listed by
Diana Kryston
(401) 952-3356
Source
Exprealty
Added: Jun 25 Updated: Jul 21 at 7:26PM Checked: Jul 22 at 7:24AM
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 offers a polished, professional layout with four private offices, a reception area, and a private bathroom. The unit has been recently updated and is designed to support everyday office operations with dedicated rooms and clear separation between workspaces.
Located at 303-250 Wampanoag Trl in Riverside, RI, the property provides easy highway access and proximity to Providence. Onsite parking is available, supporting convenient arrival for employees and clients.
Located at 303-250 Wampanoag Trl in Riverside, RI, the property provides easy highway access and proximity to Providence. Onsite parking is available, supporting convenient arrival for employees and clients.
Key Highlights
- Updated office condominium with four private offices
- Includes a reception area and a private bathroom
- Designed with a professional layout for an office practice
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
Office Units
FAQs
What type of property is this?
Office units - Updated office condominium featuring four private offices, reception, and a private bathroom with ample onsite parking.
Where is this office units located?
The property is located at 303-250 Wampanoag Trl Riverside, 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 with four private offices; Includes a reception area and a private bathroom; Designed with a professional layout for an office practice
