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Restored Mill Campus Office Space
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235 Promenade St, Providence, RI 02908

Unique mixed-use destination with commercial office and loft-style apartments.

Space Size625 SF - 7,900 SF
Property Size240,170 SF
Lot Size26.00 Acres
Days on Market1329

Property Features for 235 Promenade St

General Information

Standard status Active
Size 625 SF - 7,900 SF
Class B
Lot size 26.00 Acres
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 240,170 SF
Year Built 1872
Tenancy Multiple

Spaces For Lease

at 235 Promenade St Contact us

Penthouse, Suite 600

Size
7,900 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 130

Size
2,588 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
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Suite 298

Size
625 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
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Suite 505

Size
1,924 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 497

Size
853 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 475

Size
1,696 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Foundry Rhode Island
Listed By: Anthony Marcello · License #RI
Source: Crexi
Added: Jan 9, 2023 Changed: Aug 20 Last Checked: Aug 29 at 11:03PM

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 Foundry Rhode Island

Investment Insights

Based on property information with market context.

The Foundry Corporate Office Center is a beautifully restored mill campus featuring recently renovated common areas, restrooms, and an on-site café. This distinctive mixed-use destination offers a unique blend of commercial office space and loft-style apartment living. Once home to the iconic Brown & Sharpe Manufacturing Company, The Foundry spans 26 acres and includes 13 historic buildings comprising approximately 1,000,000 square feet of space, roughly half commercial office use and half residential. Listed on the National Register of Historic Places, the property reflects a deep commitment to preservation and thoughtful redevelopment. The Foundry is also home to the Foundry Clock Man, an iconic art installation and tribute to the industrial workers who helped shape Providence. The campus is managed by The Foundry Associates, a real estate investment firm specializing in the acquisition, development, and management of multifamily and commercial properties, with a particular focus on the restoration of historic mill buildings in Providence. Halstead Providence, located within the Foundry campus, offers 433 units and premium amenities including an indoor swimming pool, rooftop deck, two fitness centers, and garage parking.

Key Highlights

  • Restored historic mill campus on 26 acres with 1,000,000 sq ft of mixed‑use space.
  • Recently renovated common areas, restrooms, and on‑site café.
  • Listed on the National Register of Historic Places.

Property Analytics

Current Use

Public Health Veterinarian Public Health Department Randstad Manufacturing & Logistics Employment Agency Feeney IP Law ... Law Firm Criminal Investigations Office Police Department The Foundry Corporate Office ... Business Service Center

Suggested Use

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

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,047
Businesses Nearby

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Unique mixed-use destination with commercial office and loft-style apartments.
Where is this mixed-use property located?
The property is located at 235 Promenade St Providence, RI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Restored historic mill campus on 26 acres with 1,000,000 sq ft of mixed‑use space.; Recently renovated common areas, restrooms, and on‑site café.; Listed on the National Register of Historic Places.
More about this property
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