50 Holden StProvidence, RI 02908

Property Details for 50 Holden St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.20 AC

Property size (Sq ft)

42,918 SF

Zone code

M-MU-9

Property type

Other commercial real estate

Property subtype

Showrooms

APN

PROV M:67 L:546

APU

PROVM67L546

Description

The Foundry Corporate Office Center, a meticulously restored historic mill campus on the National Register of Historic Places, offers exceptional office space in Providence, RI. This 26-acre campus boasts nine buildings totaling 500,000 square feet, housing 50 companies and 2,000 employees. Available suites range from 6,482 to 14,192 square feet, with a total of 20,988 square feet currently vacant. The Class A office spaces feature exposed brick, oversized windows, and high ceilings, creating a unique and inspiring work environment. The property includes multiple green spaces, courtyards, and a private Gantry Gardens area with amenities like gas grills and a fire pit. Enjoy stunning waterfall views and convenient access to the Woonasquatucket Riverwalk. Its prime location offers easy access to I-95, I-195, I-295, Routes 6/10/146, and is within walking distance of the train station, downtown Providence, and the Providence Place Mall. On-site amenities include Nero's Foundry Cafe. The building features elevators and is located in Providence County. This is a rare opportunity to lease space in a truly unique and prestigious location. Multiple tenancy options are available. The building was constructed in 1891.

• CAP approach

  CAP return

  Valuation

  6%

  $10,430,572

  6.5%

  $9,628,221

  7%

  $8,940,490

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,131,318

  Geo Method

  $14,131,318

• Alternative Use

  Use

  Valuation

  Residential

  $8,121,764

  Hospitality

  $7,439,492

  Educational

  $6,189,570

  Medical

  $6,402,439

  Retail

  $9,628,221

Location Insight

City

Providence

County

Providence

State

Rhode Island

Latitude

41.8304

Longitude

-71.4194

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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