315 Commerce Park #2, North Kingstown, RI 02852
Multi-purpose commercial/industrial condominium in Quonset Point Business Park.
- Added:
- Apr 22, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 22 at 11:15 am
Property Features for 315 Commerce Park #2
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing agent ANTHONY MATTERA License #REB.0018395
Listing office HOPE REAL ESTATE (401) 787-8636
Listing date Apr 22, 2026
Source Corcoran
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 HOPE REAL ESTATE
HighLights
- Almost 5,000 sq ft of working space.
- Rear warehouse facility with 25‑foot high ceilings and oversized loading door.
- Positioned in the Quonset Point Business Park.
- Multi‑purpose: commercial, industrial, retail, and warehouse use.
- Front showroom area.
- Central air conditioning.
Overview
Local Financial Insights For Retail
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 | $75.6k | $15.12 |
| − Vacancy | −$3.2k | −$0.64 |
| EGI | $72.4k | $14.48 |
| − OpEx | −$21.7k | −$4.35 |
| NOI | $50.7k | $10.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Kingstown
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.4391685
- Latitude
- 41.6032682
