61 Cedar Avenue #6, East Greenwich, RI 02818
Spacious office condo in a convenient East Greenwich location.
- Added:
- Feb 8, 2026
- Days on Market:
- 123
- Last Refresh:
- Apr 25 at 6:22 am
Property Features for 61 Cedar Avenue #6
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing agent The Phipps Team (401) 884-1030
Listing office Compass (401) 884-1030
Listing date Feb 8, 2026
Source Liongatere
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 Compass
HighLights
- Over 3500 sq. ft. of versatile, one‑level workspace suitable for various professional uses.
- Prime location: one block from Post Road Route 1, public transportation, and Cole Junior High.
- Abundant natural light fills the space thanks to walls of glass on both sides.
- Functional layout featuring private offices, large reception area, huge general activities space, kitchen, bath, and conference room.
- Ample parking directly in front of the unit and additional spaces in the common parking lot.
- Impressive architectural details, including exposed brick walls.
Overview
Local Financial Insights For Healthcare Medical
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 | $94.5k | $27.00 |
| − Vacancy | −$7.1k | −$2.03 |
| EGI | $87.4k | $24.98 |
| − OpEx | −$35.0k | −$9.99 |
| NOI | $52.4k | $14.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East Greenwich
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4601539
- Latitude
- 41.6507952
