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East Side Office Space Available
For Lease
$25 SF/Yr

155 Elmgrove Avenue, Providence, RI 02906

Second-floor office space in a walkable, vibrant East Side location.

Space SizeContact for details
Property Size2,520 SF
Days on Market185

Property Features for 155 Elmgrove Avenue

General Information

Standard status Active
Size 2,520 SF
Lease Type /mo

Taxes and HOA fees

Annual Taxes $17,923

Building Details

Year Built 1955
Buildings 1
Stories 2
Units 1
Listing Agency: RE/MAX Professionals
Listed By: Stacia Pietropaolo
Source: Liongatere
Added: Feb 5 Changed: Aug 8 Last Checked: Aug 8 at 11:40AM

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 RE/MAX Professionals

Investment Insights

Based on property information with market context.

The property features second-floor office space situated above The Butcher Shop Deli. Multiple office suite and meeting room configurations are possible, ranging from 152 square feet to 2,520 square feet. The property is located in a highly accessible and charming East Side location with neighborhood amenities. The area is walkable to food and shops, and a bus stop is located directly across the street. Street parking is available.

Key Highlights

  • Flexible office space configurations from 152 SF to 2,520 SF.
  • Highly accessible East Side location with bus stop access.
  • Charming neighborhood with walkable access to food and shops.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop HVAC Service Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Electrical Service

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,175
Businesses Nearby

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
Median Home Value

Market

Lease Benchmarks for Providence, RI

$28.12 /SF/Yr
Avg Asking Price
$13–$88 /SF/Yr
Price Range
7,913 SF
Avg Space Size

This space is priced 11% below the average of $28.12 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office space in a walkable, vibrant East Side location.
Where is this office units located?
The property is located at 155 Elmgrove Avenue Providence, RI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Flexible office space configurations from 152 SF to 2,520 SF.; Highly accessible East Side location with bus stop access.; Charming neighborhood with walkable access to food and shops.
More about this property
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