1002 Broad St 7, Central Falls, RI 02863-1500
This 796-square-foot office condominium unit, located at 1002 Broad Street, Unit 2, Central Falls, Rhode Island, 02863, presents a unique investment opportunity. Built in 1986, this single-story, single-unit property offers a flexible space suitable for a variety of professional uses. Currently zoned for medical and dental offices, medical laboratories, radiology or x-ray facilities, and pharmacies, the property's adaptability extends to potential conversion into a residential condominium, subject to necessary zoning approvals. The property features secured entry, providing a safe and secure environment. The asking price is $59,900. The property is being sold "As Is." The lot size is not specified. This 796 square foot space is situated in a single building on one story. The property is located in Providence County, Rhode Island. This is a prime opportunity to acquire a versatile commercial space with potential for residential conversion. The property's location in Central Falls offers convenient access to local amenities and transportation. This is a unique opportunity to acquire a property with multiple potential uses.
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East Side Clinical Laboratory Medical Laboratory
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Newport Optical Inc Ophthalmologist (Bike/Boat/Book/etc) Store
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Safa F MD Physician
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Associates In Ophthalmology Physician
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Safa Wagdi, M.D. Ophthalmologist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.