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Fully Leased Office Condominium
For Sale
$599,900

33 College Hill Road 5, Warwick, RI 02886

Two-level office condominium with remodeled suites, basement storage, updated mechanicals, and existing leases throughout.

Property Size6,000 SF
Price / SF$99.98
Days on Market11

Property Features for 33 College Hill Road 5

General Information

Standard status Active
Size 6,000 SF
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Floor Main Level & Second Level
Office Units 3

Amenities

full basement with dedicated locked storage

Building Details

Year Built 1986
Tenancy Multi
Owner Occupied No
Abandoned No
Listing Agency: Abbott Properties, LLC
Listed By: Nathan Hood · License #RES.0045034
Source: Alpernandmesenbourg
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 8:47PM

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 Abbott Properties, LLC

Investment Insights

Based on property information with market context.

This fully occupied office condominium is arranged across two levels with a dedicated basement for tenant storage. The main floor includes remodeled suites of 1,700 SF and 1,300 SF, occupied by a medical practice and a law office. The upper level provides 3,000 SF of additional general office space under lease, while updated mechanical systems support the building’s current configuration.

The condominium setting includes a range of professional occupants, including accounting, legal, medical, insurance, and property management users. The property is positioned near RT. 2, I-95, I-295, and Route 37, with TF Green International Airport and train stations within minutes. Each tenant has dedicated locked basement storage, adding practical support space to the office layout.

Key Highlights

  • Fully occupied office condominium with leases in place across all office areas
  • Main‑level remodeled suites measure 1,700 SF and 1,300 SF
  • Upper floor includes 3,000 SF of general office space

Property Analytics

Current Use

Paul J. Ferns, ... Law Firm S. Joshua Macktaz, ... Law Firm Law Office of Hoopis ... Law Firm Ri Condo Law Law Firm Flaherty Butterfield Costello Law Firm

Suggested Use

Top Pick HVAC Service Electrical Service Parking Lot & Garage Kitchen & Bath Showroom Storage Facility Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby

Demographics for 02886, RI

29,373
Population
13,669
Households
2.1
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
1,859
Density / Sq Mi
$91,037
Median Household Income
$52,851
Median Earnings
$1,300
Median Rent
$334,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-level office condominium with remodeled suites, basement storage, updated mechanicals, and existing leases throughout.
Where is this office units located?
The property is located at 33 College Hill Road 5 Warwick, RI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Fully occupied office condominium with leases in place across all office areas; Main‑level remodeled suites measure 1,700 SF and 1,300 SF; Upper floor includes 3,000 SF of general office space
More about this property
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