East Greenwich Medical Office
5835 Post #110, East Greenwich, RI 02818
Mint condition medical office space in East Greenwich, Rhode Island.
Type:Commercial
Property size:
1,543 SFPrice / SF:
$180/SF- Added:
- Feb 10, 2026
- Days on Market:
- 106
- Last Refresh:
- Apr 5 at 9:20 pm
Property Features for 5835 Post #110
General Information
- Standard status
- Active
- Size
- 1,543 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing agent THERESE VEZERIDIS License #REB.0012113
Listing office RESIDENTIAL PROPERTIES LTD. (401) 885-8400
Listing date Feb 10, 2026
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 RESIDENTIAL PROPERTIES LTD.
HighLights
- High‑visibility first‑floor end unit with signage opportunity on Rt. 1 (Post Rd).
- Mint condition, move‑in ready medical office layout with 3 exam rooms, 2 offices, and spacious business station.
- New, high‑efficiency electric heat pump/AC unit installed in 2024.
- Convenient location: central Rhode Island, one hour from Boston and Connecticut, with easy access to Rt. 4, Rt. 2, and Rt. 95.
- Includes kitchenette with refrigerator, sink, table, and chairs, plus two powder rooms and a storage room.
- Private parking for 3 cars in the rear, plus common parking in front, and handicapped accessibility.
Overview
This 1543 square foot unit is currently configured as a medical office. The layout includes a waiting room, hallway with a nurse's station featuring an attractive chair rail with bean board, and three exam rooms. There are two offices, one located at the rear with an exterior door and another at the front. A spacious business station includes countertops and a window to the waiting room. The property features new carpeting and vinyl plank flooring. The kitchenette, which has an exterior door, is equipped with a refrigerator, countertop, sink, table, and four chairs. There are also two powder rooms and a storage room with linoleum flooring. A new, high-efficiency electric heat pump/AC unit was installed in 2024. The unit includes a utility room. The property allows for parking three cars in the rear near the back door, with additional common parking available in the front. A curb cut in front provides handicapped accessibility. The property is located on Route 1 (Post Rd) in a convenient location, approximately one hour from both Boston and Connecticut, with easy access to Route 4, Route 2, and Route 95. The property is located in East Greenwich.
Financial Insights
Value Estimation Calculated for Healthcare Medical
Conservative
$256.9K
NOI $23,122 @ 9.00% cap · cautious / downside scenario
Moderate
$330.3K
NOI $23,122 @ 7.00% cap · market / base-case scenario
Aggressive
$462.4K
NOI $23,122 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Healthcare Medical
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.7k | $27.00 |
| − Vacancy | −$3.1k | −$2.03 |
| EGI | $38.5k | $24.98 |
| − OpEx | −$15.4k | −$9.99 |
| NOI | $23.1k | $14.99 |
1,543 SF · lease $27.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Use Scenarios
Best Use
Healthcare Medical
$330.3K
$289.0K – $385.4K
NOI $23,122 @ 7.0% cap · market cap 8.29%
Second Best
Office B
$270.7K
$236.9K – $315.8K
NOI $18,948 @ 7.0% cap · market cap 6.79%
Theoretical Best
Specialty Retail
$386.5K
$338.2K – $450.9K
NOI $27,052 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Places Nearby
- Greenwich Bay Animal Hospital — 5732 Post Rd, East Greenwich, RI 02818
- Safe Harbor Veterinary Services — 5600 Post Rd Suite 114 #316, East Greenwich, RI 02818
Location Insight
- Map
- Local Demand
- City
- East Greenwich
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4693
- Latitude
- 41.6366
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Mint condition medical office space in East Greenwich, Rhode Island.
Where is this medical office space located?
The property is located at 5835 Post #110 East Greenwich, RI.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: High‑visibility first‑floor end unit with signage opportunity on Rt. 1 (Post Rd).; Mint condition, move‑in ready medical office layout with 3 exam rooms, 2 offices, and spacious business station.; New, high‑efficiency electric heat pump/AC unit installed in 2024.
