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Medical Office Condominium
For Sale
$699,000

37 WASHINGTON Street 100, West Warwick, RI 02893

The tenant-occupied space is configured for medical use and includes a substantial basement area.

Property Size15,606 SF
Price / SF$44.79
Days on Market227

Property Features for 37 WASHINGTON Street 100

General Information

Standard status Active
Size 15,606 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Office Units 1
Tenant in Place Yes
Property Use Medical Office

Taxes and HOA fees

Annual Taxes $22,330

Building Details

Building Size 15,606 SF
Year Built 1920
Buildings 1
Tenancy Single
Listing Agency: RE/MAX Properties
Listed By: Kenneth Scotti · License #REB.0016785
Source: Baker21
Added: Mar 17 Changed: Oct 26 Last Checked: Oct 26 at 3:48PM

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 Properties

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Investment Insights

Based on property information with market context.

This commercial condominium contains approximately 9,300 square feet of office space configured for medical use, along with a 6,300-square-foot basement. The property is part of the Newberry Building, a mixed-use building constructed in 1920 that also contains five residential units.

The office space is located in West Warwick’s Historic District and is currently occupied by a tenant under a lease that renews annually.

Key Highlights

  • Approximately 9,300 square feet of office space configured for medical use
  • 6,300‑square‑foot basement
  • Tenant occupancy under a lease that renews annually

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Group of Rhode ... Medical Group Karim Khanbhai Pediatrician Children's Choice Pediatrics Pediatrician Luann M. Kelly, ... Registered General Nurse Grillo Iulia MD Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery Skin Care Clinic Computer & Electronic Repair Electrical Service

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

1
Office units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02893, RI

31,030
Population
15,103
Households
2.1
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
3,978
Density / Sq Mi
$73,903
Median Household Income
$49,087
Median Earnings
$1,249
Median Rent
$293,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - The tenant-occupied space is configured for medical use and includes a substantial basement area.
Where is this medical office space located?
The property is located at 37 WASHINGTON Street 100 West Warwick, RI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Approximately 9,300 square feet of office space configured for medical use; 6,300‑square‑foot basement; Tenant occupancy under a lease that renews annually
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