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    3 Davol Sq Providence, RI 02903

    For Lease
    $26 SF/Yr

    Modern office and retail suites available for lease.

    Property size:
    50,000 SF
    Lot size:
    1.16 Acres

    Property Features for 3 Davol Sq

    General Information

    Size
    50,000 SF
    Lot size
    1.16 Acres

    Source: Hayes & Sherry Agent William F. Greene

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

    Overview

    Renovated Office and Retail Space

    This property has undergone a renovation exceeding $15 million. Suites are available, ranging in size from approximately 1,500 square feet to approximately 50,000 square feet. The property features ground floor retail space and modern brick and beam offices. Flexible suite sizes are offered, along with building WIFI, garage parking, and professional property management. The location provides access to nearby amenities, convenient highway access, and public transit options.
    Location Intelligence

    Current Use by Public Records

    SQA Group Business To Business Service Mnemosyne Pharmaceuticals Inc Pharmacy Rodd L. Casper, ... Physician Assistant Advanced Image Enhancement, ... Mammography Service Judge Technical Services ... Employment Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4064295
    Latitude
    41.8175845

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    FAQs

    What type of property is this?
    Office space - Modern office and retail suites available for lease.
    Where is this office space located?
    The property is located at 3 Davol Sq Providence, RI.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Recently Renovated (>$15M); - Flexible Suite Sizes (1,500 - 50,000 SF) to accommodate various business needs; - Modern Brick & Beam Offices offer a unique character
    (401) 273-1980
    Request Owner's contact information
    3 Davol Sq 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
    3 Davol Sq Providence, RI 02903
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