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Multi-Story Office Condominium
For Sale
$599,900

33 College Hill Road Unit 5, Warwick, RI 02886

Updated, fully occupied office condo with multiple leased floors and dedicated locked basement storage.

Property Size6,000 SF
Price / SF$99.98
Days on Market37

Property Features for 33 College Hill Road Unit 5

General Information

Standard status Active
Size 6,000 SF
Property subtype General Commercial
Occupancy 100%

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $15,248

Amenities

3
12 Parking Spaces.

Building Details

Year Built 1986
Stories 2
Tenancy Multi
Listing Agency: Abbott Properties, LLC
Listed By: Nathan Hood
Source: Xome
Added: Jul 18 Changed: Aug 23 Last Checked: Aug 23 at 6:32AM

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 professional office condominium is available for purchase. The unit is updated and configured over two floors, with the main level offering two office units (1,700 SF and 1,300 SF). Both main-level units are remodeled and are currently leased to a Medical Dr. and a Law Office.

The second level includes an additional 3,000 SF of general office space, which is also leased. The condo unit provides a full basement with dedicated locked storage for each tenant, along with updated mechanicals.

The condominium complex supports a variety of professional uses, including CPA and law offices, medical, insurance, and property management. The property is described as having excellent proximity to major routes including RT. 2, 95, 295, and 37, and is within minutes of TF Green International Airport train stations. The sale is being offered As-Is.

Key Highlights

  • Updated, fully occupied professional office condominium totaling 6,040 SF (2 floors).
  • Main level includes two remodeled leased office units: 1,700 SF and 1,300 SF.
  • Second level offers 3,000 SF of general office space, also leased.

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

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 - Updated, fully occupied office condo with multiple leased floors and dedicated locked basement storage.
Where is this office units located?
The property is located at 33 College Hill Road Unit 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: Updated, fully occupied professional office condominium totaling 6,040 SF (2 floors).; Main level includes two remodeled leased office units: 1,700 SF and 1,300 SF.; Second level offers 3,000 SF of general office space, also leased.
More about this property
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