Providence, RI Commercial Real Estate for Lease and Sale

Explore 78 listings of Providence commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

The Foundry - The Manchester Building

297 Promenade Street, Smith Hill, Providence, RI
Property

Office

79,542 SF
Availability

3 Spaces

61,262 SF
Year Built

1999
For Lease Contact for pricing
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The Hanley Building

56 Pine Street, Downtown Providence, Providence, RI
Property

Office

42,245 SF
Availability

1 Space

1,100 SF
Year Built

1955
For Lease

$3,000.00/MO
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One State Street

1 State Street, Smith Hill, Providence, RI
Property

Office

36,000 SF
Availability

1 Space

6,000 SF
Year Built

1984
For Lease Contact for pricing
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Established & Profitable Restaurant/Bar - Burgers, Pizza & Live Music. Johnston, RI (Providence County)

Killingly Street, Hartford, Johnston, RI
Property

Retail

99,999,999 SF
For Sale

$200,000
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72 Pine Street

72 Pine Street, Downtown Providence, Providence, RI
Property

Office

39,776 SF
Availability

2 Spaces

6,539 SF
Year Built

1883
For Lease

$20.00/SF/YR
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NNN - 9,000SF Warehouse off I-95 Providence RI

195B Selwyn Way, Smith Hill, Providence, RI
Property

Industrial

15,000 SF
Availability

1 Space

9,000 SF
Year Built

1978
For Lease

$10.00/SF/YR
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Manufacturing, Dry Storage & Office Space

25 Manton Ave, Olneyville, Providence, RI
Property

Industrial

61,692 SF
Availability

6 Spaces

13,406 SF
Year Built

1900
For Lease

$10.00 - $20.00/SF/YR
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40 Westminster Street

40 Westminster Street, Downtown Providence, Providence, RI
Property

Office

266,000 SF
Availability

9 Spaces

39,037 SF
Year Built

1971
For Lease

$26.00 - $35.00/SF/YR
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134 Thurbers Avenue

134 Thurbers Avenue, Lower South Providence, Providence, RI
Property

Office

66,242 SF
Availability

1 Space

7,708 SF
Year Built

1910
For Lease

$20.00 - $24.00/SF/YR
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One Citizens Plaza

1 Citizens Plaza, Downtown Providence, Providence, RI
Property

Office

224,100 SF
Availability

3 Spaces

40,869 SF
Year Built

1990
For Lease Contact for pricing
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125 Atwells Ave

125 Atwells Ave, Federal Hill, Providence, RI
Property

Retail

20,358 SF
Availability

1 Space

3,198 SF
Year Built

1920
For Lease

$19.00/SF/YR
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IGT Center

10 Memorial Blvd, Downtown Providence, Providence, RI
Property

Office

249,096 SF
Availability

3 Spaces

25,873 SF
Year Built

2006
For Lease Contact for pricing
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425 Washington Street

425 Washington Street, Federal Hill, Providence, RI
Property

Industrial

11,602 SF
For Sale

$1,500,000
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395 Westminster Street

395 Westminster Street, Downtown Providence, Providence, RI
Property

Retail

9,720 SF
Year Built

1900
For Sale

$1,950,000
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The Lauderdale Building

136 Westminster St, Downtown Providence, Providence, RI
Property

Retail

33,738 SF
Availability

1 Space

4,600 SF
Year Built

1894
For Lease

$26.00/SF/YR
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West River Center

148 West River Street, Mount Hope, Providence, RI
Property

Office

153,794 SF
Availability

2 Spaces

5,546 SF
Year Built

2004
For Lease

$25.00/SF/YR
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10 Charles Street

10 Charles Street, College Hill, Providence, RI
Property

Office

72,552 SF
Availability

1 Space

20,980 SF
Year Built

1978
For Lease

$26.00/SF/YR
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Logistics/Warehouse Opportunity

70 Houghton St, Wanskuck, Providence, RI
Property

Land

80,000 SF
Availability Contact for availability

For Lease Contact for pricing
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2/3 Davol

3 Davol Square, Downtown Providence, Providence, RI
Property

Office

80,000 SF
Availability

1 Space

50,000 SF
Year Built

2001
For Lease

$26.75/SF/YR
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The Foundry - Engineering Building

275 Promenade Street, Smith Hill, Providence, RI
Property

Office

56,000 SF
Availability

1 Space

992 SF
Year Built

1999
For Lease Contact for pricing
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CIC Providence
CIC
225 Dyer Street, Providence, RI
Services

Open Workspace

Private Office

Dedicated Desk
Amenities

Bike storage

Complimentary coffee & tea

Game room

High-speed wifi

Parking

Printer

Projector

Receptionist/Secretarial services

TV/Monitor

White boards
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395 Westminster Street - Lease

395 Westminster Street, Downtown Providence, Providence, RI
Property

Office

9,720 SF
Availability

1 Space

4,860 SF
For Lease

$17.00/SF/YR
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Caesar Misch Building

400 Westminster Street, Downtown Providence, Providence, RI
Property

Office

36,000 SF
Availability

1 Space

4,500 SF
Year Built

1983
For Lease

$19.50/SF/YR
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The Foundry - Shipping Building

50 Holden Street, Smith Hill, Providence, RI
Property

Office

46,029 SF
Availability

2 Spaces

20,674 SF
Year Built

1999
For Lease Contact for pricing
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Westminster Square
Regus
10 Dorrance St Suite 700, Providence, RI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Charles Orms Building

10 Orms Street, College Hill, Providence, RI
Property

Office

62,096 SF
Availability

1 Space

24,763 SF
Year Built

1978
For Lease

$18.00 - $23.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Providence commercial real estate market incorporates 2,406,267 square feet of office space across 41 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Providence commercial real estate market includes 100,315,586 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Providence market, there is a total of 498,198 square feet of industrial property.

The listing inventory in Providence incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Providence is represented by Office space, which accounts for 675,725 square feet of available listings. Retail space available in Providence adds up to 68,702 square feet.

Meanwhile, most of the listings of commercial property for sale in Providence are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Providence is $21.75 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Providence can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Providence, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Providence is in the Downtown Providence neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Providence area.

Meanwhile, retail space opportunities are most abundant in the Downtown Providence submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Olneyville.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $26.75 per square foot. In particular, the property type commanding the highest lease rates in Providence was Office space.

Conversely, the highest sale price last year was $6,500,000 that is located at 70 Royal Little Drive.

The average size of a commercial property in Providence depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Providence, the average size of an office property is 60,157 square feet.
Retail properties here incorporate an average of 5,015,780 square feet.
Industrial space in Providence is in buildings that are, on average 62,275 square feet in size.

Providence, RI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Providence currently add up to 1,047,709 square feet. The market offers 37 active office listing(s), which amount to 675,725 square feet and account for 61% of commercial spaces on the market. Local retail availability includes 68,702 square feet across 15 retail space(s). Industrial space for rent opportunities in Providence amount to 52,812 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	37	675,725
Retail	15	68,702
Industrial	5	52,812
Other	3	250,470

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Providence, RI. Currently, there is 100,495,029 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 8 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	39,980
Retail	8	100,046,019
Industrial	3	370,004
Other	4	39,026

Providence, RI Commercial Real Estate for Lease and Sale

The Foundry - The Manchester Building

The Hanley Building

One State Street

Established & Profitable Restaurant/Bar - Burgers, Pizza & Live Music. Johnston, RI (Providence County)

72 Pine Street

NNN - 9,000SF Warehouse off I-95 Providence RI

Manufacturing, Dry Storage & Office Space

40 Westminster Street

134 Thurbers Avenue

One Citizens Plaza

125 Atwells Ave

IGT Center

425 Washington Street

395 Westminster Street

The Lauderdale Building

West River Center

10 Charles Street

Logistics/Warehouse Opportunity

2/3 Davol

The Foundry - Engineering Building

CIC Providence

395 Westminster Street - Lease

Caesar Misch Building

The Foundry - Shipping Building

Westminster Square

Charles Orms Building

Frequently Asked Questions

Providence, RI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Providence, RI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Providence, RI?

What factors affect the price of commercial real estate in Providence, RI?

What is the average rent for commercial space in Providence, RI?

What are the best areas for commercial real estate in Providence, RI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Providence, RI?

Providence, RI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us