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Dowling Professional Condos 275-287 Eddie Dowling Hwy 20,000 SF 100% Leased Office Building North Smithfield, RI 02896 $6,000,000 ($300/SF)

Investment Highlights
- Adjacent parcel may be available separately for expanded development potential.
Executive Summary
The property consists of approximately 1.85 acres of commercially zoned land (BH – Business Highway) located along Route 146A in North Smithfield, Rhode Island. The site is improved with two single-family residential structures totaling roughly 3,500 SF and has been marketed as a redevelopment opportunity for retail, office, medical, governmental, or other commercial uses. The property benefits from excellent visibility, high traffic counts, and immediate access to Interstate 146. It is situated directly across from the Dowling Village retail corridor, anchored by major national retailers including Walmart, Lowe's, and Kohl's. The asking price has most recently been marketed at approximately $1.6 million, with the seller indicating a willingness to consider build-to-suit arrangements, long-term ground leases, or pad-site development opportunities.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
20,000 SF
Building Class
B
Year Built
2028
Construction Status
Proposed
Price
$6,000,000
Price Per SF
$300
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.20
Lot Size
2.30 AC
Zoning
BH - Business Highway
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | NSMI-000013-000000-000007 | Improvements Assessment | $298,300 |
| Land Assessment | $86,000 | Total Assessment | $384,300 |
Property Taxes
Parcel Number
NSMI-000013-000000-000007
Land Assessment
$86,000
Improvements Assessment
$298,300
Total Assessment
$384,300
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Contact the Sale Advisor
Dowling Professional Condos | 275-287 Eddie Dowling Hwy
