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Third-Floor Office Suite
For Lease
$17 SF/Yr

45 Willard #3, Providence, RI 02905

Fifteen private offices are complemented by a training room and boardroom.

Space Size6,700 SF
Days on Market11

Property Features for 45 Willard #3

General Information

Standard status Active
Size 6,700 SF
Net Rentable 6,700 SF
Property subtype Commercial

Space & Availability

Available Space 6,700 SF
Contiguous Space 6,700 SF
Floor 3
Space Use Office
Private Offices 15
Meeting Rooms 2

Taxes and HOA fees

Annual Taxes $111,357

Amenities

employee amenities
dedicated parking
private entrance
Central air
Central Air Cooling

Building Details

Year Built 1910
Listing Agency: RESIDENTIAL PROPERTIES LTD.
Listed By: JESSICA LAVOIE
Source: Corcoran
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 29 at 6:31PM

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 RESIDENTIAL PROPERTIES LTD.

Investment Insights

Based on property information with market context.

This approximately 6,706-square-foot third-floor office suite at 45 Willard #3 occupies the Weber/Renew Building, constructed in 1910. The layout includes 15 private offices, a dedicated training room, and a boardroom, creating a mix of individual work areas and formal meeting space.

The property is situated in Providence’s hospital district and includes a private entrance and dedicated parking. Its configuration supports office operations requiring multiple enclosed rooms, staff training space, presentations, and client or organizational meetings.

Key Highlights

  • Approximately 6,706‑square‑foot third‑floor office suite
  • 15 private offices with flexible enclosed workspace
  • Dedicated training room and boardroom

Property Analytics

Current Use

Care New England ... Hospital

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Pet Store Furniture & Home Goods Pet Store & 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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,147
Businesses Nearby

Demographics for 02905, RI

26,334
Population
10,361
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
77%
High-School Grad
3.7 sq mi
ZIP Area
7,117
Density / Sq Mi
$57,126
Median Household Income
$36,799
Median Earnings
$1,103
Median Rent
$322,700
Median Home Value

Market

Lease Benchmarks for Providence, RI

$35.89 /SF/Yr
Avg Asking Price
$13–$98.18 /SF/Yr
Price Range
7,799 SF
Avg Space Size

This space is priced 53% below the average of $35.89 /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
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Frequently Asked Questions

What type of property is this?
Office units - Fifteen private offices are complemented by a training room and boardroom.
Where is this office units located?
The property is located at 45 Willard #3 Providence, RI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Approximately 6,706‑square‑foot third‑floor office suite; 15 private offices with flexible enclosed workspace; Dedicated training room and boardroom
More about this property
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