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Office Unit with Private Offices
New
For Lease
$12 SF/Yr

581 Smithfield #B, North Smithfield, RI 02896

The basement suite includes a kitchenette, full bathroom, and dedicated access.

Space SizeContact for details
Days on Market4

Property Features for 581 Smithfield #B

General Information

Standard status Active
Property subtype Commercial

Space & Availability

Floor Basement
Space Use Office
Private Offices 2

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Amenities

Laundry Room
Baseboard Heating
In Unit

Building Details

Year Built 1937
Listing Agency: GOLD DOOR REALTY
Listed By: THE SARJI TEAM
Source: Corcoran
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 2:36PM

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 GOLD DOOR REALTY

Investment Insights

Based on property information with market context.

A private office suite occupies the basement level and measures 3,476 square feet. Its layout includes two lockable offices at 143 square feet each, a hallway, kitchenette, and full bathroom with a stand-up shower and washer/dryer hookups. The space has its own entrance and an emergency exit. Electric, heat, and internet connectivity are included, and outdoor signage is available subject to restrictions.

The property is near Routes 146 and 295, with shopping centers, public transit, and restaurants in the surrounding area. Other businesses at the property include a real estate office, nutrition shake shop, and coworking space.

Key Highlights

  • 3,476‑square‑foot office suite occupies the basement level
  • Two lockable private offices, each measuring 143 square feet
  • Dedicated access and an emergency exit

Property Analytics

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Current Use

Gold Door Realty Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Parking Lot & Garage Gym & Fitness Center

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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 02896, RI

11,154
Population
4,759
Households
2.3
Avg Household Size
48
Median Age
34%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
485
Density / Sq Mi
$109,436
Median Household Income
$57,420
Median Earnings
$1,282
Median Rent
$423,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for North Smithfield, RI

$18.08 /SF/Yr
Avg Asking Price
$10–$20.4 /SF/Yr
Price Range
556 SF
Avg Space Size

This space is priced 34% below the average of $18.08 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - The basement suite includes a kitchenette, full bathroom, and dedicated access.
Where is this office units located?
The property is located at 581 Smithfield #B North Smithfield, RI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3,476‑square‑foot office suite occupies the basement level; Two lockable private offices, each measuring 143 square feet; Dedicated access and an emergency exit
More about this property
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