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Historic Office Building with Mezzanine
For Lease
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297-299 Promenade St, Providence, RI 02908

Two-story office building with exposed structures and large clerestory.

Space Size2,178 SF - 44,778 SF
Property Size82,336 SF
Lot Size26.00 Acres
Days on Market1334

Property Features for 297-299 Promenade St

General Information

Standard status Active
Size 2,178 SF - 44,778 SF
Class B
Lot size 26.00 Acres
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 82,336 SF
Year Built 1920
Tenancy Multiple

Spaces For Lease

at 297-299 Promenade St Contact us

Suite 100

Size
44,778 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

1st Floor - Suite 105

Size
6,650 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

2nd Floor - Suite 200

Size
10,612 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 210

Size
2,178 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Foundry Rhode Island
Listed By: Anthony Marcello · License #RI
Source: Crexi
Added: Jan 4, 2023 Changed: Aug 25 Last Checked: Aug 29 at 2:24AM

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 Foundry Rhode Island

Investment Insights

Based on property information with market context.

The Manchester Building, a two-story structure, features over 80,000 square feet of exposed building structures, a mezzanine, and a 220-foot long clerestory. It is located within The Foundry Corporate Office Center, situated on a 26-acre campus comprising 13 buildings with 500,000 square feet of commercial space. The Foundry is listed on the National Register of Historic Places. The Foundry Clock Man, an art piece, serves as a visual landmark. The Foundry Associates specialize in the acquisition, development, and management of multifamily and commercial properties, particularly the restoration and preservation of historic mill properties in Providence. Halstead Providence Apartments are part of the Foundry campus and offer 433 luxury units with amenities including an indoor swimming pool, rooftop deck, two gyms, and garage parking.

Key Highlights

  • Over 80,000 square feet of exposed building structures and a mezzanine.
  • Located in The Foundry Corporate Office Center, one of America's most distinct office and residential locations.
  • Part of a meticulously restored 26‑acre campus with 13 buildings (500,000 SF of commercial space) listed on the National Register of Historic Places.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Pharmacy Storage Facility Garden Center

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,169
Businesses Nearby

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value

Market

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 building - Two-story office building with exposed structures and large clerestory.
Where is this office building located?
The property is located at 297-299 Promenade 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: Over 80,000 square feet of exposed building structures and a mezzanine.; Located in The Foundry Corporate Office Center, one of America's most distinct office and residential locations.; Part of a meticulously restored 26‑acre campus with 13 buildings (500,000 SF of commercial space) listed on the National Register of Historic Places.
More about this property
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