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    Single-Level Office Suite Title is generated by Realmo AI

    61 Cedar Avenue UNIT 6, East Greenwich, RI 02818

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    Flexible single-level suite with multiple offices, conference room, kitchen, and direct front parking for clients and staff.

    Type:Office, Retail, Industrial
    Property size:
    3,560 SF
    Price / SF:
    $179/SF
    Added:
    May 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 2:18 am

    Property Features for 61 Cedar Avenue UNIT 6

    General Information

    Standard status
    Active
    Size
    3,560 SF
    Property subtype
    Office, Retail, Industrial

    Building Details

    Year Built
    1925

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    Listing Contact
    Bruning Gomes Group

    Listing agent Bruning Gomes Group

    Listing office Coldwell Banker Realty

    Listing date May 27, 2026

    Source Crexi

    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 Coldwell Banker Realty

    HighLights

    • Over 3,500 sq. ft. of single‑level commercial space in 61 Cedar Avenue, Unit 6
    • Includes seven private offices plus five dedicated individual workstations
    • Conference room, multipurpose open space, full kitchen, and restroom facilities
    • Additional flexible area that could serve as an eighth office, storage, or support space
    • Expansive attic storage for extra space while keeping the main level client‑ready
    • Parking directly in front of the unit with additional shared parking for clients and staff

    Overview

    61 Cedar Avenue, Unit 6 is a single-level commercial office suite designed for flexible day-to-day use. The interior is highlighted by natural light, exposed brick, and high ceilings, with a layout that includes seven private offices, five dedicated individual workstations, a conference room, and multipurpose open space. Additional improvements include a full kitchen, restroom facilities, and a further flexible area that could function as an eighth office, storage, or specialized support space. Expansive attic storage supports practical operations while helping keep the main level client-ready.

    The property is located in East Greenwich, one block from Post Road, with convenient access to Route 1 and public transportation. Parking is provided directly in front of the unit, and there is additional shared parking available for clients and staff.

    This suite is well matched to a range of professional and service-oriented uses, including medical or wellness, education, consulting, creative work, and collaborative office environments. The combination of private offices, a dedicated conference room, open work areas, and on-site restroom and kitchen facilities supports both client meetings and internal operations, while the attic storage adds useful capacity for teams that need space without adding clutter to the primary floor.

    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 $96.1k $27.00
    − Vacancy −$7.2k −$2.03
    EGI $88.9k $24.98
    − OpEx −$35.6k −$9.99
    NOI $53.3k $14.99
    3,560 SF · lease $27.00/SF/yr · vacancy 7.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $762.1K
    $666.8K – $889.1K (±1% cap)
    NOI $53,347 @ 7.0% cap · market cap 8.34%
    Second Best
    Office B
    $624.5K
    $546.5K – $728.6K (±1% cap)
    NOI $43,718 @ 7.0% cap · market cap 6.83%
    Theoretical Best
    Specialty Retail
    $891.6K
    $780.2K – $1.04M (±1% cap)
    NOI $62,414 @ 7.0% cap · market cap 9.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Greenwich
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4601539
    Latitude
    41.6507952

    FAQs

    What type of property is this?
    Office units - Flexible single-level suite with multiple offices, conference room, kitchen, and direct front parking for clients and staff.
    Where is this office units located?
    The property is located at 61 Cedar Avenue UNIT 6 East Greenwich, RI.
    What is the asking price?
    The asking price for this property is $639,900.
    What are key features of this property?
    This property features: Over 3,500 sq. ft. of single‑level commercial space in 61 Cedar Avenue, Unit 6; Includes seven private offices plus five dedicated individual workstations; Conference room, multipurpose open space, full kitchen, and restroom facilities
    More about this property
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