376 Dry Bridge Road, North Kingstown, RI 02852
- Added:
- May 1, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 16 at 9:06 pm
Property Features for 376 Dry Bridge Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- LI
- Parking
- 10
- Interior features
- Ceiling Height (20 Plus Feet)
- Standard status
- Active
- Size
- 6,193 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 13340
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Zoned
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2009
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Steel
Listing agent Michael Russo License #REB.0017244 (401) 465-0417
Listing office Ri Real Estate Services 631 Main Street, East Greenwich, RI (401) 885-5400
Listing date May 1, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3,500+ SF heated warehouse with 20'+ clear span ceilings in Dry Bridge Commerce Park
- Two 12' x 14' ground level doors plus a 10' x 10' truck level loading dock
- 1,300+ SF office with employee/public entry, flexible workspace, conference room, 2 private offices, and central air
- 1,300+ SF mezzanine for heavy inventory/equipment storage, accessible via forklift
- 3‑phase electric, handicap accessible restroom, and roughed plumbing for a second restroom
- Unit condo fee includes water, septic, exterior/grounds maintenance, and master insurance
Overview
Situated in the Dry Bridge Commerce Park in North Kingstown, the property is positioned for convenient access to major routes and is described as being near key regional destinations including Quonset/Port of Davisville, the RI Airport, and the Newport/South County areas. The park setting is described as clean, well maintained, and equipped with ample employee parking. The unit is also described as able to accommodate larger trucks.
Unit H1/H2 is a strong fit for manufacturers, service providers, or logistics-focused tenants and owners who want to run warehouse operations and a front office from the same location. The mezzanine supports heavier storage needs and is accessible via forklift, while 3-phase electric, handicap accessibility, and additional restroom readiness add operational flexibility. Water, septic, exterior/grounds maintenance, and master insurance are included in the condo fee, simplifying ongoing facility budgeting.
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 | $124.1k | $20.04 |
| − Vacancy | −$28.5k | −$4.61 |
| EGI | $95.6k | $15.43 |
| − OpEx | −$23.9k | −$3.86 |
| NOI | $71.7k | $11.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Kingstown
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.514267
- Latitude
- 41.550547
