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Providence Medical Space For Sale

Providence

Market Report

Number of Listings For Sale
Posted in the last 90 days
17
Median Size (sqft)
200

Providence Commercial Real Estate

Find 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 Providence commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Providence Rates

On average, commerial real estate listings lease in the $20's per square foot per year. The Providence submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease decreased $2 per sqft per year.

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

Providence Listing Supply

In the last 90 days, 240 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Providence are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 200 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built around 1940 and are Class B.

Providence Community

Market Data

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