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    127 Dorrance St Providence, RI 02903

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    For Lease
    $349,000

    Downtown office condos available for lease or sale.

    Property size:
    3,589 SF
    Lot size:
    0.17 Acres

    Property Features for 127 Dorrance St

    General Information

    Size
    3,589 SF
    Lot size
    0.17 Acres

    Source: Coldwell Banker Realty | Franklin/Cumberland Agent Ann Foncellino

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

    Overview

    Downtown Office Condos for Lease

    Located on the corner of Dorrance and Pine Street near the courthouse, these downtown office condos are situated in the Masonic Temple Building. The building underwent complete renovation in 2018. The property is currently used as a lawyer's office. Unit A offers 1350 square feet, while Unit B provides 2279 square feet; both units can be combined for a total of 3589 square feet. The space includes many private suites and open areas. It is suitable for professional offices, accountants, consultants, and financial services. The property is also ideal for a co-work center offering dedicated desks and suites for lease. The sale is subject to the owner finding suitable space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kilroy Law Firm Criminal Justice Attorney Marin, Barrett, and Murphy ... Criminal Justice Attorney Law Office of Stephen ... Personal Injury Attorney Office of the Attorney Susan ... Law Firm Cooper David A Insurance Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4099982
    Latitude
    41.8221976

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    FAQs

    What type of property is this?
    Office space - Downtown office condos available for lease or sale.
    Where is this office space located?
    The property is located at 127 Dorrance St Providence, RI.
    What are key features of this property?
    This property features: - Completely renovated building in 2018.; - Located in Downtown Masonic Temple Building on the corner of Dorrance & Pine St, near the Court House.; - Suitable for various uses: Lawyer's office, Professional, Accountant, Consulting, Financial, or Co-Work Center.
    (401) 487-6001
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    127 Dorrance St Providence, RI 02903
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    Providence, RI 02903
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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
    127 Dorrance St Providence, RI 02903
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