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Third-Floor Office Space
For Lease
$4,000/Mo

71 Richmond Street, Providence, RI 02903

Commercial/Business,Commercial Lease, Providence, RI

Space Size3,500 SF
Lot Size0.16 Acres
Days on Market328

Property Features for 71 Richmond Street

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Interior features Ceiling Height (12 to 15 Ft), Ceiling Height (15 to 17 Ft)
Lot features Downtown
Standard status Active
Size 3,500 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Water source Public

Amenities

private bathroom

Building Details

Year built 1900
Floors in Building 3
Number of units 1
Building materials Brick
Listing Agency: William Raveis Inspire
Listed By: Bessette Veloso Group
Added: Oct 7, 2025 Changed: Aug 19 Last Checked: Aug 30 at 6:06AM
MLS# 1397192

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.

Third-floor office space offering 3,500 square feet within a brick building constructed in 1900. The interior is arranged around an open plan with exposed brick walls, hardwood flooring, large windows, and natural light. A private bathroom is included, while the space is identified as under construction for interior customization.

The property is located at 71 Richmond Street in Providence, near major universities and a regional hospital. Nearby highway access adds connectivity to the surrounding area. Public water service is available.

Key Highlights

  • 3,500 square feet of third‑floor office space
  • Open layout with exposed brick walls and hardwood floors
  • Large windows provide natural light throughout the space

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.06 /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

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

This space is priced 62% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace with exposed brick, hardwood floors, and a private bathroom.
Where is this office units located?
The property is located at 71 Richmond Street Providence, RI.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: 3,500 square feet of third‑floor office space; Open layout with exposed brick walls and hardwood floors; Large windows provide natural light throughout the space
More about this property
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