Property profile

297-299 Promenade St Providence, RI 02908

OFF-MARKET
Office Spaces
82,886 SF Built 1920
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Providence, RI office building, Building #11 of the Foundry Corporate Office Center, offers 82,886 square feet of versatile space, ideal for medical or creative office uses. Located at 297-299 Promenade St, this Class B property boasts a unique history, having been meticulously restored and listed on the National Register of Historic Places. The two-story building features exposed structures, a mezzanine, and a remarkable 220-foot-long clerestory. With a 26-acre campus encompassing 13 buildings, this location provides ample space and a vibrant atmosphere. Multiple tenancy options are available, ranging from a minimum of 6,650 square feet to a maximum contiguous space of 62,000 square feet

Property profile

Verified
Property type Office Spaces
Year built 1920
Total area 82,886 SF

Cap rate & NOI

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

Location

297-299 Promenade St 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 297-299 Promenade St?
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