125 Clay St, Central Falls, RI 02863
For Lease
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.
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Ralph Car Donation Group Central Falls RI Charitable Organization Social Service Agency
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Crystal Wholesale Big Box & Wholesale Store
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Royalty Creations Beauty Studio Spa & Massage Center Skin Care Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Central Falls, RICentral Falls. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.