Providence, RI Commercial Real Estate for Lease and Sale

Explore 113 listing(s) of commercial real estate in Providence, RI to find the best space for your business.

CRE Market FAQs

The Calart Tower Building

400 Reservoir Avenue, Reservoir, Providence, RI
Property Type

Office
For Sale Contact for pricing

Property size 63,000 SF
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460 Harris Ave

460 Harris Ave, Olneyville, Providence, RI
Space Type

Office
For Lease Contact for pricing

1 space available / 1,025 SF
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345 South Water Street

345 South Water Street, Fox Point, Providence, RI
Space Type

Retail
For Lease Contact for pricing

1 space available / 2,700 SF
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Park Row West / Moshassuck Court

Moshassuck Court, Downtown Providence, Providence, RI
Space Type

Land
For Lease Contact for pricing

6 spaces available / 22,215.6 - 64,468.8 SF
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5 Atwood Street

5 Atwood Street Providence, Olneyville, Providence, RI
Property Type

VacantLand
For Sale

$250,000
Property size 0.07 Acre
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583 Harris Avenue

583 Harris Avenue, Olneyville, Providence, RI
Property Type

Office
For Sale

$450,000
Property size 1,600 SF
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253 Georgia Ave

253 Georgia Ave, Washington Park, Providence, RI
Space Type

Industrial
For Lease

$15.00/SF/YR
1 space available / 14,822 SF
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Providence:
- Office Space: The market includes 3,489,652 square feet of office spaces in addition to 121 coworking locations.
- Retail Space: Between malls, restaurants and stores, Providence is home to 425,649 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 312,699 square feet of available space in Providence.
The average rent for commercial real estate in Providence is $30.33 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Providence costs $7.5, while the city’s premium locations ask up to $88.24.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 175,074 square feet.
- Class B properties are sized 54,808 square feet, on average.
- Class C properties span an average of 20,902 square feet.
The best area for commercial real estate in Providence will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Downtown Providence, home to no fewer than 82 listings for space of all types. If you're looking for office space, Downtown Providence has the highest concentration of office listings at 62.

Meanwhile, Lower South Providence has the highest number of industrial availabilities (2), while Olneyville boasts the largest number of retail listings in the city (19).
CommercialCafe’s CRE offering in Providence is enabled by a network of 45 active brokers from 30 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $88.24 per square foot. In particular, the property type commanding the highest lease rates in Providence is Retail space.
The average size of a commercial property here stands at 261,170. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Providence:
Office properties:
- Average size: 64,624 square feet.
- Largest property: 313 Iron Horse Way (102,000 square feet).
Retail properties:
- Average size: 15,765 square feet.
- Largest property: Pad 1 (23,086 square feet).
Industrial properties:
- Average size: 34,745 square feet.

Providence, RI Commercial Space Listings

Commercial Space for Lease - Breakdown

The 81 listings for commercial real estate currently available for rent in Providence add up to 1,473,750 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	45	999,910
Retail	26	115,698
Industrial	6	96,972
Other	4	261,170

Office properties:

The market has 45 active office listings, encompassing 999,910 square feet.
Providence office spaces currently listed on CommercialCafe represent 55% of the total commercial real estate market in Providence, compared to an average of 39% across all markets tracked by CommercialCafe.

Retail Space:

There are 26 retail listings available, adding up to a total of 115,698 square feet.
Retail spaces account for approximately 32% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Providence offers 6 listings, amounting to 96,972 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 7% of the total commercial space available in the market, compared to a nationwide average of 25%.

Commercial Space for Sale - Breakdown

There are currently 32 properties listed for sale in the Providence market, adding up to 383,753 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

13 office properties
6 retail properties
4 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	13	190,296
Retail	6	99,263
Industrial	4	53,006
Other	9	41,188

Providence, RI Commercial Real Estate for Lease and Sale

The Calart Tower Building

460 Harris Ave

345 South Water Street

Park Row West / Moshassuck Court

5 Atwood Street

583 Harris Avenue

253 Georgia Ave

Frequently Asked Questions

Providence, RI Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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