11 Peck Street, Providence, RI 02903
COMMERCIAL - Providence, RI
- Added:
- Apr 23, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 22 at 2:06 pm
Property Features for 11 Peck Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Interior features
- Ceiling Height (9 to 12 Ft)
- Basement
- Full
- Standard status
- Active
- Size
- 3,676 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 18766
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Brick
Listing agent Gabe Francis (401) 354-7092
Listing office Lenox Realty Group 380 Broadway, East Providence, RI (401) 572-3322
Listing date Apr 23, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in the heart of Downtown Providence
- Located within an Opportunity Zone, offering potential tax benefits
- Multiple redevelopment possibilities: commercial, residential, or mixed‑use
- Sound structural condition: heating, electrical, roof, and exterior are in great shape
- Potential to add up to 4 additional floors
- Existing infrastructure includes two commercial storefronts and seven office suites
Overview
Located in downtown Providence, the asset benefits from a central urban setting. The exterior is described as being in good condition, and the heating, electrical, roof, and exterior structure are reported to be in great shape.
For buyers and operators looking for an adaptable downtown asset, the existing retail and office layout can support a range of approaches—from re-leasing the current configuration to planning for a future re-use or redevelopment strategy. The second-floor office suite count provides immediate tenancy options, while the Opportunity Zone positioning and reported building condition can support parties exploring redevelopment timelines and product changes. Please contact for more information regarding uses, configuration, and next steps.
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 | $99.3k | $27.00 |
| − Vacancy | −$15.4k | −$4.19 |
| EGI | $83.9k | $22.81 |
| − OpEx | −$21.0k | −$5.70 |
| NOI | $62.9k | $17.11 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.40997
- Latitude
- 41.823267