Downtown Office/Work-Studio
82 Orange Street 3B Providence, RI 02903
82 Orange Street 3B, Providence, RI, 02903
$750,000
For Sale
$750,000
Commercial Sale, Other - Providence, RI
Property Size1,985 SF
Lot Size5,663.00 Acres
Price / SF$377.83
Days on Market9
Property Features for 82 Orange Street 3B
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Interior features
- Elevator
- EntryLevel
- 3B
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 82ORANGEST3BPROV
- Size
- 1,985 SF
- Lot size
- 5,663.00 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Architectural style
- Other
Listing agency
Engel & Völkers East Greenwich
(401) 638-0010
Listed by
The DiSpirito Team
(401) 244-8355
Added: Jul 14 Updated: Jul 15 at 3:05AM Checked: Jul 22 at 11:06AM
MLS# 1416639
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Third-floor corner unit at Orange Street Condominiums, located in a preserved former jewelry manufacturing building. The space is approximately 1,985 square feet and features soaring 14.5-foot ceilings and large windows that bring in significant natural light. The layout is currently an open, loft-style “blank template,” with the flexibility to keep the open feel or reconfigure with additional walls and private offices, subject to approvals and due diligence.
Unit amenities include a full bath and half bath, in-unit laundry, basement storage, and a wood stove with firewood storage. Condo documents permit residential, office space, and work-studio use, offering flexibility for owner-users and professional businesses. Roof access/rights may allow future rooftop or build-up options, subject to city permits, condo approvals, and buyer verification.
The property address is 82 Orange Street, Unit 3B, in Providence.
Unit amenities include a full bath and half bath, in-unit laundry, basement storage, and a wood stove with firewood storage. Condo documents permit residential, office space, and work-studio use, offering flexibility for owner-users and professional businesses. Roof access/rights may allow future rooftop or build-up options, subject to city permits, condo approvals, and buyer verification.
The property address is 82 Orange Street, Unit 3B, in Providence.
Key Highlights
- 3rd‑floor corner unit at Orange Street Condominiums in a preserved former jewelry manufacturing building in the Downtown Providence National Register Historic District
- Approx. 1,985 SF with soaring 14.5‑foot ceilings and massive windows for dramatic natural light and views over the Financial District
- Accessible elevator installed, plus in‑building elevator access for the unit
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.6k | $27.00 |
| − Vacancy | −$8.3k | −$4.19 |
| EGI | $45.3k | $22.81 |
| − OpEx | −$11.3k | −$5.70 |
| NOI | $34.0k | $17.11 |
1,985 SF · lease $27.00/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$485.2K
$424.6K – $566.1K
NOI $33,966 @ 7.0% cap · market cap 4.53%
Second Best
Mixed Use
$401.1K
$351.0K – $468.0K
NOI $28,078 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$664.1K
$581.1K – $774.8K
NOI $46,486 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Third-floor corner office/work-studio condo in a preserved former jewelry building with full and half baths.
Where is this office units located?
The property is located at 82 Orange Street 3B Providence, RI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3rd‑floor corner unit at Orange Street Condominiums in a preserved former jewelry manufacturing building in the Downtown Providence National Register Historic District; Approx. 1,985 SF with soaring 14.5‑foot ceilings and massive windows for dramatic natural light and views over the Financial District; Accessible elevator installed, plus in‑building elevator access for the unit
