5555 Post Road, East Greenwich, RI 02818
COMMERCIAL - East Greenwich, RI
- Added:
- Apr 24, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 10 at 2:06 pm
Property Features for 5555 Post Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Rooms
- Basement
- Parking
- 14
- Interior features
- Ceiling Height (7 to 9 Ft)
- Basement
- Full
- Standard status
- Active
- Size
- 3,228 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Natural Gas, Baseboard
- Cooling system
- Ductless, Central Air
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Frame
Listing agent Allen Gammons (508) 810-0700
Listing office Bhhs Commonwealth Real Estate 39 Main Street, Hopkinton, RI (401) 886-6100
Listing date Apr 24, 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
- Mixed‑use property featuring renovated apartments and commercial space.
- High visibility location on Post Road with signage on Rt. 1.
- Two fully renovated one‑bedroom apartments with strong rental history.
- Newer, large, heated barn/garage with bathroom, suitable for business or car enthusiast (restrictions apply).
- First‑floor office space with private entry and working basement shop.
- Flexible options: owner willing to vacate or consider a leaseback.
Overview
Local Financial Insights For Apartment 5plus
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 | $84.1k | $26.04 |
| − Vacancy | −$5.7k | −$1.77 |
| EGI | $78.3k | $24.27 |
| − OpEx | −$35.3k | −$10.92 |
| NOI | $43.1k | $13.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East Greenwich
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.465595
- Latitude
- 41.643651
