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Downtown Loft Retail/Office Space
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71 Richmond St, Providence, RI 02903

3,500 RSF retail/office space in downtown location.

Space Size3,500 SF
Property Size30,230 SF
Days on Market151

Property Features for 71 Richmond St

General Information

Standard status Active
Size 3,500 SF
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 30,230 SF
Tenancy Single

Spaces For Lease

at 71 Richmond St Contact us

Available Space

Size
3,500 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Sweeney Real Estate
Listed By: Thomas Sweeney · License #RI
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 8 at 6:31AM

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 Sweeney Real Estate

Investment Insights

Based on property information with market context.

This commercial space offers approximately 3,500 rentable square feet in a downtown location. The layout features an open area with columns and a private restroom. The space has loft-style finishes, including large windows, exposed brick, and hardwood flooring. Neighboring establishments include Johnson & Wales University, the Providence Performing Arts Center, and various other businesses and organizations.

Key Highlights

  • Downtown Location
  • 3,500± RSF
  • Loft Style Finishes: Large Windows, Exposed Brick & Hardwood Flooring

Property Analytics

Current Use

Providence Social Club Nightclub Kulture Nightclub Richmond Street Tattoo: ... Tattoo & Piercing Shop Alchemy Music Venue

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Dental Office Storage Facility

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,282
Businesses Nearby

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

Market

Lease Benchmarks for Providence, RI

$17.06 /SF/Yr
Avg Asking Price
$10–$21.75 /SF/Yr
Price Range
3,426 SF
Avg Space Size

This space is priced 30% below the average of $17.06 /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?
Retail space - 3,500 RSF retail/office space in downtown location.
Where is this retail space located?
The property is located at 71 Richmond St Providence, RI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Downtown Location; 3,500± RSF; Loft Style Finishes: **Large Windows, Exposed Brick & Hardwood Flooring**
(401) 331-9300 Call to check price and availability
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