Versatile Commercial Space Near
For Sale
$499,900
36 Oxford, Providence, RI 02905
1,780 sq ft commercial space near I-95 in Providence.
Property Size1,780 SF
Lot Size0.07 Acres
Price / SF$280.84
Days on Market372
Property Features for 36 Oxford
General Information
Standard status
Active
Size
1,780 SF
Lot size
0.07 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,770
Amenities
Central air
Corner Lot
Central Air Cooling
Central Heating
Forced Air Heating
Building Details
Year Built
1940
Listing Agency:
RE/MAX INTEGRITY
(508) 974-9111
Listed By:
ELIZABETH RUEHRWEIN · License #9555631
(508) 243-9632
Source:
Corcoran
Added: Sep 30, 2025
Changed: Aug 14
Last Checked: Aug 25 at 3:56AM
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 RE/MAX INTEGRITY
Investment Insights
Based on property information with market context.
This commercial property offers 1,780 sq ft of space and is located minutes from I-95, providing access to downtown Providence, Warwick, and Cranston. Zoned M-2, the building is suitable for industrial use, office space, or a combination of both. The property features a large garage, a street-level loading area, and a flexible layout to accommodate various business needs. This is a real estate-only sale.
Key Highlights
- Prime commercial real estate with 1,780+ sq. ft. of versatile space.
- Zoned M‑2, suitable for industrial, office, or mixed‑use purposes.
- Conveniently located minutes from I‑95 with quick access to Providence, Warwick, and Cranston.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,887
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,740
$477.7K
Cap Rate 7%
$341,243
$341.2K
Cap Rate 9%
$265,411
$265.4K
Market Conditions
NOI Build-Up for 1,780 SF
Gross rent
$39.5K $22.20/SF
− Vacancy
−$2.8K −$1.55/SF
EGI
$36.7K $20.65/SF
− OpEx
−$12.9K −$7.23/SF
NOI
$23.9K $13.42/SF
Area
Providence, RI
Vacancy
7.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,740
Cap Rate 7%
$341,243
Cap Rate 9%
$265,411
Alternative Uses
Best Use
Flex RnD
$341.2K
$298.6K – $398.1K
NOI $23,887 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$251.5K
$220.1K – $293.4K
NOI $17,606 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$595.5K
$521.1K – $694.8K
NOI $41,685 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,753
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02905, RI
26,334
Population
10,361
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
77%
High-School Grad
3.7 sq mi
ZIP Area
7,117
Density / Sq Mi
$57,126
Median Household Income
$36,799
Median Earnings
$1,103
Median Rent
$322,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Providence, RI
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Similar Off Market Nearby
- Pasta Pete Food Trucks, LLC — food truck, 230 plain st, providence, ri 02905
Frequently Asked Questions
What type of property is this?
Flex space - 1,780 sq ft commercial space near I-95 in Providence.
Where is this flex space located?
The property is located at 36 Oxford Providence, RI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Prime commercial real estate with 1,780+ sq. ft. of versatile space.; Zoned M‑2, suitable for industrial, office, or mixed‑use purposes.; Conveniently located minutes from I‑95 with quick access to Providence, Warwick, and Cranston.
