Medical Premises

East Greenwich, RI Medical Office Space for Sale

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Leased Medical Office Condominiums
Updated: Jun 4
Leased Medical Office Condominiums

1407 South County Trail, Units 421 & 423, East Greenwich, RI 02818

$1,720,000
46,183 sqft
Class A medical office condominium building (Building 4) built in 2001, totaling 46,183 SF
Two fully leased medical office condo units: Unit 421 leased to Brown University Health Outpatient Psychiatry and Unit 423 leased to Brown University Surgical Associates
Both tenants have options to renew
Located in Greenwich Medical Center & Office Park on East Greenwich’s Medical Mile at 1407 South County Trail (Route 2)
Convenient access to Route 4 and I‑95, with connections to Providence and TF Green International Airport
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Medical Office Park
Updated: Jun 16
Medical Office Park

1407 S County Trl, East Greenwich, RI 02818

Contact for pricing
7,666 sqft
7,666 SF medical office park
Located on the “Medical Mile”
Surrounded by numerous medical office tenants
Address: 1407 S County Trl, East Greenwich, RI 02818
Moments to nearby amenities
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Multi-Tenant Office Building
Multi-Tenant Office Building

5750 Post Road, East Greenwich, RI 02818

Contact for pricing
16,169 sqft

Multi-tenant office property with an established medical presence and access to Route 4 and Interstate 95.

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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 8 Potential Opportunities for your consideration. Besides 3 Active listings in East Greenwich, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Historic Mixed-Use Commercial Property
Historic Mixed-Use Commercial Property

37 WASHINGTON Street, West Warwick, RI 02893

$699,000
15,606 sqft

Tenant-occupied professional space includes a medical office layout and an annually renewing lease.

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Warwick Office Building For Sale
Warwick Office Building For Sale

2871 Post Road, Warwick, RI 02886

$1,149,999
2,928 sqft

2,928 SF professional office building in high-traffic Warwick location.

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Historic West Warwick Commercial Condo
Historic West Warwick Commercial Condo

37 WASHINGTON #100, West Warwick, RI 02893

$699,000
15,606 sqft

9,300 SF office condo in mixed-use historic building.

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Centerville Road Office Condominium For Sale
Centerville Road Office Condominium For Sale

469 Centerville RD, Warwick, RI 02886

Contact for pricing
2,400 sqft

Office condominium with easy access to I-95 and Kent Hospital.

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Off-Market Properties in East Greenwich, RI

Consider similar Off-Market properties in East Greenwich, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

61 Cedar Ave
Schools

61 Cedar Ave, East Greenwich, RI 02818

Estimated value:
by Request
3,560 sqft
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East Greenwich, RI Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in East Greenwich, RI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 70,018 square feet of properties for sale, with an estimated market value of $1,720,000.

Sale prices for medical spaces in East Greenwich, RI average $1,720,000 — 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

Office Units 34
Medical Office Space 5
Creative space 4
Office buildings 4

Demographics Overview

Population 20K
Population Growth (5Y) +9.2%
Median Household Income $120,952
College Educated 93.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
02818 $1.7M

Taxes & Financing

Tax Rate (average for all types) 2.48%
Property Tax per SF $36.22 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in East Greenwich fall within the 10,000 to 25,000 square foot range.

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