250 Eddie Dowling HwyNorth Smithfield, RI 02896

Property Details for 250 Eddie Dowling Hwy

Year built

1972

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.82 AC

Property size (Sq ft)

2,980 SF

Zone code

BH

Property type

Other commercial real estate

Property subtype

Showrooms

APN

NSMI M:0013 L:0078

APU

NSMIM0013L0078

Description

The Eddie Dowling Office Building offers two exceptional office spaces, each approximately 500 square feet, ideal for businesses seeking flexible and functional work environments. One unit is located on the first floor, the other on the second. Each suite boasts a welcoming waiting room with an adjoining receptionist office, plus three additional private offices, providing ample space for teams or individual professionals. Convenient storage is included within each unit, with an additional storage closet available on the first floor. The first-floor unit features a small hand sink in two offices, easily removable if not required. Monthly rent of $850 includes heating and air conditioning, offering predictable operational costs. The building is situated on Route 146, ensuring high visibility and excellent signage opportunities for enhanced brand awareness. A large parking lot and secure building provide added convenience and peace of mind. This property presents a multitude of opportunities for business growth in a prime location within Providence County. The multiple tenancy options make this a versatile space suitable for a variety of business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $724,244

  6.5%

  $668,533

  7%

  $620,781

• Comparable approach

  Method

  Valuation

  Relative Method

  $981,204

  Geo Method

  $981,204

• Alternative Use

  Use

  Valuation

  Residential

  $563,933

  Hospitality

  $516,559

  Educational

  $429,771

  Medical

  $444,552

  Retail

  $668,533

Location Insight

City

North Smithfield

County

Providence

State

Rhode Island

Latitude

41.9778

Longitude

-71.5117

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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