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    125 Clay St Central Falls, RI 02863

    For Lease
    $6 SF/Yr

    Historic Mill Building; Flexible Spaces Available

    Lot size:
    98,277 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Discover Clay Street Studios, a meticulously renovated 98,277 square foot industrial building in Central Falls, RI's vibrant arts district. Originally constructed in 1900 and extensively renovated in 2020, this Class B property offers a unique blend of historic charm and modern functionality. The single, three-story building boasts 23 available spaces ranging from 138 to 3,872 square feet, perfect for a variety of businesses. Enjoy the character of exposed brick walls and soaring ceilings, complemented by modern amenities. Ample parking is available with 40 spaces conveniently located off Clay and Cross Streets. Efficient material handling is ensured with two multi-level loading docks and two freight elevators for easy transport between floors. The building is fully sprinklered and equipped with a fire alarm system for enhanced safety. On-site management, janitorial services, and common restrooms add to the convenience. This prime location offers an inspiring environment for businesses of all sizes, from artists to established companies. The property's multiple tenancy structure provides flexibility for various business needs.

    Property Features for 125 Clay St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,277 SF
    Class
    B
    Total Rate
    49138.5

    Building Details

    Year Built/Renovated
    1900/2020
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    201O-Office
    Size
    220 SF
    Space
    214
    Size
    2,286 SF
    Rate per SF
    $12
    Space
    110/135 Clay
    Size
    3,872 SF
    Rate per SF
    $10
    Space
    225
    Size
    457 SF
    Rate per SF
    $10
    Space
    211
    Size
    2,220 SF
    Rate per SF
    $12
    Space
    200
    Size
    615 SF
    Rate per SF
    $12
    Space
    331
    Size
    510 SF
    Rate per SF
    $10
    Space
    302A
    Size
    678 SF
    Rate per SF
    $10
    Space
    203O - Office
    Size
    144 SF
    Space
    B101
    Size
    782 SF
    Rate per SF
    $6
    Space
    227
    Size
    138 SF
    Space
    222
    Size
    463 SF
    Rate per SF
    $10
    Space
    224
    Size
    463 SF
    Rate per SF
    $10
    Space
    311
    Size
    158 SF
    Space
    223
    Size
    463 SF
    Rate per SF
    $10
    Space
    323
    Size
    1,195 SF
    Rate per SF
    $10
    Space
    B115
    Size
    3,860 SF
    Rate per SF
    $6
    Space
    B122
    Size
    512 SF
    Rate per SF
    $6
    Space
    B123
    Size
    267 SF
    Rate per SF
    $6
    Space
    335
    Size
    1,043 SF
    Rate per SF
    $10
    Space
    324
    Size
    225 SF
    Space
    303
    Size
    1,350 SF
    Rate per SF
    $12
    Space
    319/320
    Size
    1,225 SF
    Rate per SF
    $10

    HighLights

    • 98,277 SF industrial building, Class B, with multiple tenants.
    • Ample parking (40 spaces) available off Clay and Cross Streets.
    • Features multi‑level loading docks (2 docks) and two freight elevators.
    • On‑site management, janitorial services, and common restrooms are provided.
    • Fully sprinklered with a fire alarm system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ralph Car Donation ... Non-Profit Organization Crystal Wholesale Wholesaler Royalty Creations Beauty ... Waxing Hair Removal Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Central Falls
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.391442974286
    Latitude
    41.882755166104

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    Nearby Similar for Lease

    • $1,400,000
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      Prime Retail Space on Broad

      High-visibility retail space in revitalizing Central Falls area.
      708-712 Broad St, Central Falls, RI 02863
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      325,120 SF

      Central Falls Warehouse Space

      Large Industrial Warehouse, RI
      1159 Broad St, Central Falls, RI 02863
      View Details
    • $6 SF/Yr
      325,119 SF

      Central Falls Warehouse with Rail

      Renovated warehouse with ample parking and rail access.
      1193 Broad St, Central Falls, RI 02863
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    • Contact for pricing
      8,669 SF

      Retail Space on Dexter Street

      High-visibility retail space with parking in Central Falls, RI.
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      View Details

    FAQs

    What type of property is this?
    Distribution property - Historic Mill Building; Flexible Spaces Available
    Where is this distribution property located?
    The property is located at 125 Clay St Central Falls, RI.
    What is the lease rate?
    The lease rate is $0.00-$12 SF/Yr.
    What are key features of this property?
    This property features: 98,277 SF industrial building, Class B, with multiple tenants.; Ample parking (40 spaces) available off Clay and Cross Streets.; Features multi-level loading docks (2 docks) and two freight elevators.
    Request Owner's contact information
    125 Clay St Central Falls, RI 02863
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    Central Falls, RI 02863
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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
    125 Clay St Central Falls, RI 02863
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