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    Versatile Commercial Space Near I-95 Title is generated by Realmo AI

    36 Oxford Street, Providence, RI 02905

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    Claim this Listing
    For Sale
    $499,900

    1,780+ sq ft flex space near I-95 in Providence.

    Type:Commercial
    Property size:
    1,780 SF
    Price / SF:
    $280/SF
    Added:
    Apr 14, 2025
    Days on Market:
    428
    Last Refresh:
    Apr 25 at 6:31 am

    Property Features for 36 Oxford Street

    General Information

    Standard status
    Active
    Size
    1,780 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1940

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    Listing Contact
    Elizabeth Ruehrwein

    Listing agent Elizabeth Ruehrwein

    Listing office RE/MAX Integrity

    Listing date Apr 14, 2025

    Source Liongatere

    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

    HighLights

    • Prime commercial real estate with 1,780+ sq. ft. of versatile space.
    • Ideally located minutes from I‑95 with quick access to Providence, Warwick, and Cranston.
    • Zoned M‑2, suitable for industrial use, office space, or a combination.
    • Features a large garage and street‑level loading area.
    • Flexible layout to suit various business needs.
    • High‑visibility location with great potential.

    Overview

    This commercial property offers over 1,780 square feet of space and is zoned M-2, making it suitable for industrial use, office space, or a combination of both. The property features a large garage and a street-level loading area. Its flexible layout can accommodate various business needs. The location provides quick access to downtown Providence, Warwick, and Cranston, and is situated minutes from I-95. This is a real estate-only sale.

    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 $48.1k $27.00
    − Vacancy −$7.4k −$4.19
    EGI $40.6k $22.81
    − OpEx −$10.2k −$5.70
    NOI $30.5k $17.11
    1,780 SF · lease $27.00/SF/yr · vacancy 15.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $435.1K
    $380.7K – $507.6K (±1% cap)
    NOI $30,458 @ 7.0% cap · market cap 6.09%
    Second Best
    Flex RnD
    $341.2K
    $298.6K – $398.1K (±1% cap)
    NOI $23,887 @ 7.0% cap · market cap 4.78%
    Theoretical Best
    Office A
    $595.5K
    $521.1K – $694.8K (±1% cap)
    NOI $41,685 @ 7.0% cap · market cap 8.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multi-State Electric Co Electrical Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Pasta Pete Food Trucks, LLC — food truck, 230 plain st, providence, ri 02905
    • Fire Works Catering — 840 Allens Ave, Providence, RI 02905

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4033165
    Latitude
    41.8036634

    FAQs

    What type of property is this?
    Flex space - 1,780+ sq ft flex space near I-95 in Providence.
    Where is this flex space located?
    The property is located at 36 Oxford Street 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.**; Ideally located minutes from I‑95 with quick access to Providence, Warwick, and Cranston.; Zoned M‑2, suitable for industrial use, office space, or a combination.
    More about this property
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