1524 Atwood Ave Ste Ll1, Johnston, RI 02919-3228
This 1,092 square foot medical office condo, located at 1524 Atwood Avenue, Unit LL3, in Johnston, Rhode Island, presents a fantastic owner-user opportunity. Situated within the Atwood Medical Center, a sixty-unit complex, this vacant space is ideally suited for a variety of medical practices or traditional office uses. The unit boasts a large exam room, a welcoming reception area, and a comfortable waiting room, providing ample space for patient interaction and administrative functions. Ample on-site parking ensures convenient access for both staff and clients. Its strategic location offers easy access to major roadways, including Route 6, Route 10, and Interstate 295, enhancing its accessibility and appeal. The estimated annual property taxes are $4,337. The asking price for this turnkey medical office condo is $98,000, translating to a price per square foot of $89.74. This represents a compelling investment opportunity in a thriving medical center environment. The property is zoned for medical and traditional office use. This is a rare opportunity to acquire a well-appointed space in a desirable location. Don't miss out on this chance to establish or expand your practice in a convenient and established medical center.
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
B2 · Johnston, RIJohnston. Always verify with local authorities before improvements.
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.