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    40 Westminster St Providence, RI 02903

    For Lease
    $26 SF/Yr ($7,020 /Mo)

    Office space in the heart of Providence's Financial District.

    Property size:
    3,240 SF
    Lot size:
    0.67 Acres

    Property Features for 40 Westminster St

    General Information

    Size
    3,240 SF
    Lot size
    0.67 Acres

    Source: Hayes & Sherry Agent Karl F. Sherry

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

    Overview

    Providence Financial District Office Space

    Located in the heart of Providence’s Financial District, this 23-story building offers 266,000 square feet of office space. The lobby has been newly renovated. All elevators have been modernized with computerized equipment and upgraded operating panel equipment for safety and efficiency. The building provides a high level of security with an electronic card access system, two security agents in the lobby, and a visitor badge system. First floor amenities include banking, a deli, and elevator access to parking. The available office space is 3,240 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Business Development Company ... Loan Agency Motley Rice LLC Law Firm Ratcliffe Richard Attorney Bengtson & Jestings LLP Attorney Ratcliffe Harten Galamaga ... Personal Injury 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
    -71.4091923
    Latitude
    41.8249134

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    FAQs

    What type of property is this?
    Office space - Office space in the heart of Providence's Financial District.
    Where is this office space located?
    The property is located at 40 Westminster St Providence, RI.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Providence’s Financial District.; - High-level security with electronic card access, security agents, and visitor badge system.; - Newly renovated lobby.
    (401) 273-1980
    Request Owner's contact information
    40 Westminster 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
    40 Westminster St Providence, RI 02903
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