56 Pine St, Providence, RI
Mixed-use building with retail and executive office suites.
- Added:
- Nov 24, 2025
- Days on Market:
- 225
- Last Refresh:
- May 20 at 8:28 pm
Property Features for 56 Pine St
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Lot size
- 0.17 Acres
- Property subtype
- OFFICE
Listing office Conway Commercial Group (401) 447-6062
Listing date Nov 24, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Conway Commercial Group
HighLights
- Prime downtown Providence location in the financial district.
- Class A office condominium with high‑end features.
- Abundant natural light from corner unit with lots of windows.
- 24/7 access and security system.
- Professionally managed and ADA compliant building.
- Proximity to restaurants, hotels, bus line, and highway.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $27.00 |
| − Vacancy | −$4.6k | −$4.19 |
| EGI | $25.1k | $22.81 |
| − OpEx | −$6.3k | −$5.70 |
| NOI | $18.8k | $17.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4094
- Latitude
- 41.8229