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    55 Turner Ave East Providence, RI 02915

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    For Lease
    $10 SF/Yr

    52,600 SF former school for lease in East Providence.

    Property size:
    52,600 SF
    Lot size:
    2.29 Acres

    Property Features for 55 Turner Ave

    General Information

    Size
    52,600 SF
    Lot size
    2.29 Acres

    Source: HNR Associates Agent Maria Rico

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former School with Commercial Kitchen

    This property, formerly a Catholic elementary school, offers 52,600 square feet of usable space across three floors, each available for individual lease. The basement features two dining rooms and a large professional kitchen equipped with an ansul system. The other two floors house a total of 15 classrooms, each approximately 700 square feet. The first floor includes a large auditorium/gym. The building benefits from a new roof, energy-efficient lighting with motion sensors throughout, and solar panels installed several years ago. There are three parking areas providing approximately 100 spaces. A fire alarm system is in place. Handicap access is available through the basement only. The building has been used continuously by the parish, as well as neighborhood entities.
    Location Intelligence

    Current Use by Public Records

    Good Neighbors Non-Profit Organization Good Neighbors Food ... Food Bank Angels Fitness and Performance Fitness Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3584199
    Latitude
    41.7706301

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    FAQs

    What type of property is this?
    School - 52,600 SF former school for lease in East Providence.
    Where is this school located?
    The property is located at 55 Turner Ave East Providence, RI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Large usable space: 52,600 SF across three floors; - Functional Kitchen: Large professional kitchen in the basement with an ansul system; - Flexible Leasing Options: Three floors can be leased individually
    (646) 287-8338
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Turner Ave East Providence, RI 02915
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