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Third-Floor Office Units
New
For Lease
$17 SF/Yr

45 Willard Avenue, Providence, RI 02905

Commercial/Business,Commercial Lease, Providence, RI

Space Size6,700 SF
Lot Size0.56 Acres
Days on Market3

Property Features for 45 Willard Avenue

General Information

Property type Commercial Lease
Property subtype Other
Rooms Basement
Parking 10
Security features Security
Interior features Ceiling Height (12 to 15 Ft)
Basement Full
Subdivision Hospital Area
Lot features Paved, Sidewalks, Downtown
Standard status Active
Size 6,706 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 111357

Utilities

Heating system Central
Cooling system Central Air

Amenities

dedicated parking
private entrance

Building Details

Year built 1910
Floors in Building 3
Number of units 1
Building materials Brick
Listing Agency: Residential Properties Ltd.
Listed By: Jessica Lavoie
Added: Aug 20 Last Checked: Aug 22 at 4:06AM
MLS# 1421136

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The third-floor suite at the Weber/Renew Building contains 6,706 square feet of office space with 15 private offices, a training room, and a boardroom. A private entrance and dedicated parking add operational convenience, while 12- to 15-foot ceilings contribute to the workspace configuration. The building features brick construction, central heating, and central air conditioning.

Situated in Providence’s hospital district, the property is positioned for medical, professional, administrative, nonprofit, and corporate office functions. The layout accommodates organizations that need a combination of individual work areas and dedicated rooms for meetings, presentations, staff development, or client gatherings. The building was constructed in 1910 and also includes a basement.

Key Highlights

  • 6,706‑square‑foot third‑floor office suite
  • 15 private offices plus dedicated training room and boardroom
  • Private entrance and dedicated parking

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

$41.31 /SF/Yr
Avg Asking Price
$13–$98.18 /SF/Yr
Price Range
8,030 SF
Avg Space Size

This space is priced 59% below the average of $41.31 /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 - Private offices, meeting rooms, and dedicated parking support flexible professional, medical, nonprofit, and corporate operations.
Where is this office units located?
The property is located at 45 Willard Avenue Providence, RI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 6,706‑square‑foot third‑floor office suite; 15 private offices plus dedicated training room and boardroom; Private entrance and dedicated parking
More about this property
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