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    Central Falls, RI
    Medical Premises

    Central Falls, RI Medical Office Space for Sale

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    Pawtucket, RI Cumberland, RI Attleboro, MA Lincoln, RI Providence, RI North Providence, RI Rumford, RI Seekonk, MA
    Versatile Medical Office Condo Unit
    Updated: Sep 30, 2025
    Versatile Medical Office Condo Unit

    1002 Broad #2, Central Falls, RI 02863

    $59,900
    796 sqft
    Versatile 796 sq ft condo suitable for medical, dental, lab, pharmacy, or emergency room use
    Potential for conversion to a residential condominium (with zoning approval)
    Secured entry
    Suitable for medical laboratories, radiology, or x‑ray facilities
    Year Built: 1986
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Central Falls, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    First-Floor Medical Office Suite
    First-Floor Medical Office Suite

    103b-2138 Mendon Rd, Cumberland, RI 02864

    $189,000
    907 sqft

    Vacant, move-in ready space within a fully occupied Class B medical building.

    View details
    Office Unit with Ample Parking
    Office Unit with Ample Parking

    2374 Diamond Hill Rd, Cumberland, RI 02864

    Contact for pricing
    750 sqft

    Office space in a 2006 building with I-295 access, Route 114 exposure, and on-site parking.

    View details
    Open-Layout Office Building
    Open-Layout Office Building

    353 Armistice Boulevard, Pawtucket, RI 02861

    $619,000

    Flexible office property with private rooms, natural light, storage, parking, and a rear fenced area.

    View details
    Professional Office Building with Parking
    Professional Office Building with Parking

    480 Broadway, Pawtucket, RI 02860

    Contact for pricing

    Office building with private accessible parking, mixed private rooms and open areas, and existing plumbing and electrical configurations.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details

    Central Falls, RI Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Central Falls, RI on our real estate platform. These investment opportunities span a total of 796 square feet of properties for sale, with an estimated market value of $59,900.

    Sale prices for medical spaces in Central Falls, RI average $59,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 1
    Office Units 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +16.2%
    Median Household Income $45,921
    College Educated 13.2%

    High-Yield Neighborhoods for Investment

    Identify Central Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02863 $59.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.85%
    Property Tax per SF $17.82 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Providence County

    Office

    Residential Income

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