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Class A Life Science Office Floors
For Lease
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150 Richmond St, Providence, RI 02903

For lease on the 5th, 6th, and 7th floors, offering adaptable lab and office-ready space near Providence amenities.

Property Size30,000 SF
Days on Market137

Property Features for 150 Richmond St

General Information

Standard status Active
Size 30,000 SF
Property subtype OFFICE
Listing Agency: Hayes & Sherry
Listed By: Steve Flachbart
Source: Moodyscre
Added: Mar 16 Changed: Jul 27 Last Checked: Jul 29 at 3:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hayes & Sherry

Investment Insights

Based on property information with market context.

Class A life science and lab space is available for lease across the 5th, 6th, and 7th floors. The layout is described as highly adaptable for lab, research, and office use, with floor-by-floor availability ranging from approximately 8,000 to 30,000 square feet.

The building is anchored by the Rhode Island State Health Laboratory and Ocean State Lab Incubator. The property is close to city amenities, parks, and entertainment, and is also positioned near Brown University Medical School and Brown University Hospital Campus. Immediate access to I-195 is available, with proximity to I-95 and Route 6.

The available space is offered as multiple office-unit floors within the same building, allowing for configurations that align with lab and office requirements as described in the offering materials.

Key Highlights

  • Up to 90,000 SF of class A life science and lab space available for lease
  • Space available on the 5th, 6th, and 7th floors with 1 space offering 8,000–30,000 SF per floor
  • Highly adaptable configurations for labs, research, and office use

Property Analytics

Current Use

Dunkin donut Cafe & Coffee Shop

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Pet Store Pet Grooming Service Pet Store & Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,071
Businesses Nearby

Demographics for 02903, RI

13,264
Population
6,588
Households
2
Avg Household Size
33
Median Age
53%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,802
Density / Sq Mi
$62,987
Median Household Income
$40,294
Median Earnings
$1,640
Median Rent
$365,600
Median Home Value

Market

Lease Benchmarks for Providence, RI

$36.29 /SF/Yr
Avg Asking Price
$14–$88 /SF/Yr
Price Range
2,039 SF
Avg Space Size

Vacancy Rate% for Office in Providence, RI

11.3% 2019
11.9% 2020
11.1% 2021
12.7% 2022
12.3% 2023
12.6% 2024
12.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - For lease on the 5th, 6th, and 7th floors, offering adaptable lab and office-ready space near Providence amenities.
Where is this office units located?
The property is located at 150 Richmond St Providence, RI.
What are key features of this property?
This property features: Up to 90,000 SF of class A life science and lab space available for lease; Space available on the 5th, 6th, and 7th floors with 1 space offering 8,000–30,000 SF per floor; Highly adaptable configurations for labs, research, and office use
(401) 273-2053 Call to check price and availability
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