50 New River, Lincoln, RI 02838
2200 SF commercial property on 1.43 acres for sale.
- Added:
- Sep 30, 2025
- Days on Market:
- 271
- Last Refresh:
- Mar 16 at 11:04 am
Property Features for 50 New River
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 1.43 Acres
Building Details
- Year Built
- 1900
Listing office LAMONTAGNE REAL ESTATE (401) 724-8660
Listing date Sep 30, 2025
Source Corcoran
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 LAMONTAGNE REAL ESTATE
HighLights
- Zoned MG05, allowing for a multitude of commercial and retail business types.
- 2200 square feet of office and storage facility on 1.43 acres.
- Situated on the Blackstone Valley Bike Path.
- Recently updated office space and new HVAC.
- Ample parking and room for expansion.
- Level 1 Environmental Inspection Complete.
Overview
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 | $44.1k | $20.04 |
| − Vacancy | −$6.2k | −$2.81 |
| EGI | $37.9k | $17.23 |
| − OpEx | −$9.5k | −$4.31 |
| NOI | $28.4k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4690829
- Latitude
- 41.9696058
