Downtown Providence Redevelopment
For Sale
$1,200,000
Pending
333 Westminster, Providence, RI 02903
Historic building ideal for luxury residential redevelopment in downtown Providence.
Property Size3,300 SF
Lot Size0.08 Acres
Days on Market256
Property Features for 333 Westminster
General Information
Standard status
Pending
Size
3,300 SF
Lot size
0.08 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$25,200
Amenities
Central air
200 Amp Service
Central Air Cooling
Gas Heating
Building Details
Year Built
1900
Listing Agency:
PARAMOUNT PROPERTIES GROUP
(401) 273-6100
Listed By:
LUCAS BARRY
Source:
Corcoran
Added: Dec 10, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:34AM
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 PARAMOUNT PROPERTIES GROUP
Investment Insights
Based on property information with market context.
This historic building presents an opportunity for residential condominium redevelopment in Downtown Providence. The property features floor-to-ceiling windows, exposed brick, and loft-style character. Each existing full floor offers 3,300 sq ft, providing versatility for developers. The space could be transformed into three expansive luxury residences, each offering over 3,200 sq. ft. of open living space with natural light and urban views. Alternatively, the building's width and column spacing allow for subdivision into six 1,600 sq ft units, suitable for boutique urban living or rental inventory. The building's zoning D-1-120 already allows residential use. Features include elevator access, heavy power, and sprinkler systems. Full-floor control supports residential conversion. Located on Westminster Street, the property is surrounded by restaurants, galleries, universities, and new development.
Key Highlights
- Prime downtown location on Westminster Street, the epicenter of Providence's urban revival.
- Rare opportunity for luxury residential redevelopment in a historic 1900 loft‑style building.
- Flexible floorplan allows for either three expansive or six well‑proportioned units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,839
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Historic building ideal for luxury residential redevelopment in downtown Providence.
Where is this residential land & home lot located?
The property is located at 333 Westminster Providence, RI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime downtown location on Westminster Street, the epicenter of Providence's urban revival.; Rare opportunity for luxury residential redevelopment in a historic 1900 loft‑style building.; Flexible floorplan allows for either three expansive or six well‑proportioned units.
