Downtown Providence Commercial Real Estate For Lease

Downtown Providence

Market Report

Number of Listings For Lease
Posted in the last 90 days
36
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
610

Downtown Providence Commercial Real Estate

Find Downtown Providence commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Downtown Providence commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Providence Rates

Most commerial real estate listings for lease are in the $20's per square foot per year.

Compared to the rest of the Greater Boston commercial real estate market, the Downtown Providence submarket has more expensive rates for rent, and you may have to negotiate above asking rent to be in this hot region.

Downtown Providence Listing Supply

In the last 90 days, 87 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 610 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this region were built around 1948 and are Class B.

Downtown Providence Community

A large portion of this market is residential, but there's plenty of office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Providence occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

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