Property profile

317 Iron Horse Way Providence, RI 02908

OFF-MARKET
Office Spaces
62,517 SF Built 1885
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Building #58, The Alco, offers 14,075 square feet of immediately available office space in a beautifully restored historic building at 317 Iron Horse Way, Providence, RI 02908. This Class B, three-story building, originally constructed in 1885, boasts high-beamed ceilings and oversized windows, characteristic of its rich industrial past. Located on a 13-acre lot, this urban office park provides ample parking (4 spaces per 1000 square feet), a rarity in Providence. The Alco is part of a larger campus, offering a unique blend of historical charm and modern functionality. The available space is divisible to a minimum of 8,264 square feet, with a maximum contiguous space of 14,075 square feet. The building features elevators and is suitable for various office uses, including medical, executive, creative, and traditional office settings. Its convenient location, less than a mile from downtown Providence, provides easy access to city amenities. The total building size is 62,517 square feet, spread across multiple tenancies. This property presents a rare opportunity to lease high-quality office space in a desirable, historically significant location. The building's transformation from a former locomotive manufacturing site into a contemporary office park showcases its unique character and appeal.

Property profile

Verified
Property type Office Spaces
Year built 1885
Total area 62,517 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineer
  • Title Company Real Estate Attorney
  • Employment Agency
  • Architect
  • Bank Loan Service

Location

317 Iron Horse Way Providence, RI 02908
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 317 Iron Horse Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message