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    340 Broadway Providence, RI 02909

    Sponsored
    For Lease
    $26 SF/Yr ($8,401 /Mo)

    Elegant offices, prime location, on-site parking.

    Lot size:
    3,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This beautifully restored, three-story, 3,860 square foot Class B office building at 340 Broadway offers nine suites in a highly desirable Providence location. Built in 1880 and renovated in 2019, the property boasts a blend of historic charm and modern amenities. Eight individual, private office spaces are currently available, ranging in size (one space is 264 sq ft). Shared amenities include a well-appointed kitchenette, a spacious reception area, and updated bathrooms. The building features high-efficiency gas heat and central air conditioning throughout. Six parking spaces are available for an additional monthly fee. The building's convenient location offers easy access to major roadways including I-95, I-195, Route 6, and Route 10, as well as the Providence Train Station and T.F. Green International Airport. Public transportation is readily available with a RIPTA bus stop just a block away. Its proximity to popular local businesses such as Seven Stars Bakery, Julian's, Nick's on Broadway, Y Noodle & Bar, Y Shabu Shabu, Dexter Training Grounds & Park, Federal Hill, and Downtown Providence adds to its appeal. This property is ideal for a variety of professional uses, particularly those in the wellness industry.

    Property Features for 340 Broadway

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,860 SF
    Class
    B
    Total Rate
    8401.93

    Building Details

    Year Built/Renovated
    1880/2019
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Office #4
    Size
    264 SF
    Rate per SF
    $26

    HighLights

    • 3,860 SF, three‑story Class B office building with nine suites.
    • Fully occupied, offering 0 vacant square feet.
    • Built in 1880, renovated in 2019, featuring traditional, executive, and creative office spaces.
    • Located in Providence, RI (Providence County), Northeast USA submarket.
    • Six parking spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Reiter Ira H Psychologist Jeffrey D. Hughes, ... Psychologist David McConville, PhD. Psychologist Natalia Mieczynski Psy.D. Child Psychologist Fonthill Behavioral Health Psychotherapist

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4290424
    Latitude
    41.8197152

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    FAQs

    What type of property is this?
    Office space - Elegant offices, prime location, on-site parking.
    Where is this office space located?
    The property is located at 340 Broadway Providence, RI.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 3,860 SF, three-story Class B office building with nine suites.; Fully occupied, offering 0 vacant square feet.; Built in 1880, renovated in 2019, featuring traditional, executive, and creative office spaces.
    Request Owner's contact information
    340 Broadway Providence, RI 02909
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    Providence, RI 02909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 Broadway Providence, RI 02909
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