Providence Commercial Real Estate

900 Smith St - Floor 1 Elmhurst, Providence, RI subdivided and plus utilities
Sep 23
2,500
sqft
Office Retail Restaurant
1 Cedar St - Unit 300 Federal Hill, Providence, RI Natural Light.Onsite Parking.
Sep 23
6,000
sqft
Sublease Office
880 Eddy St - 2 Spaces Lower South Providence, Providence, RI 14 foot ceiling height
Sep 05
3,240 - 6,410
sqft
Retail Other
10 Elmgrove Ave - Unit 2F (Floor 2) Providence, RI fixed lease
Sep 02
700
sqft
Office
135 Gano St - Unit 1 Fox Point, Providence, RI open floor plan
Sep 02
2,260
sqft
Mixed Use Office
400 Reservoir Ave - 8 Spaces Reservoir, Providence, RI term: negotiable
Sep 01
650 - 2,100
sqft
Office Medical
65 Eddy St - Floor 1 Downtown Providence, Providence, RI large windows
Jun 27
1,680
sqft
Sublease Retail Other
1075 Smith St - 6 Spaces Elmhurst, Providence, RI rental rate negotiable
Apr 27
500 - 1,930
sqft
Office Medical

Providence

Market Report

Number of Listings
Posted in the last 90 days
41
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,000

Providence Rates

Most listings are in the $20's per square foot per year. The Providence submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Greater Boston market, the Providence region has higher rates, and you'll need to pay a premium to be in this hot region.

Providence Listing Supply

In the last 90 days, 240 listings have been made available, so you'll want to check back regularly for new listings. About 23% of the office spaces in the Providence are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,560 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1935 and are Class B.

Providence Community

Market Data

Real time and historical data on commercial real estate listings in Providence.
Research