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    FOR LEASE
    Showrooms

    50 Holden St, Providence, RI 02908

    42,918 SF 1.2 ac lot Built 1900
    Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US76-0041637
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1900
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 42,918 SF
    Lot 1.2 ac (52,452 SF)
    Zoning code M-MU-9
    APN PROV M:67 L:546
    UPID US76-0041637
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • SARA A ARMAIZ-FLORES Physician
    • Lee Robinson Physician
    • Casey Cragin Medical Clinic Physician
    • Accounting and Tax Resources Tax Preparation
    • Sansiveri, Kimball & Co., LLP Business Management Consultant Accountant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.28M
    Blend (final) Blend
    $4.56M
    Owner & transaction history
    Foundry Portfolio Assoc · 3 yrs held
    Foundry Portfolio Assoc
    since 2022
    3 recorded transactions
    2022
    2011
    1969
    Zoning & alternative use
    M-MU-9 · Providence, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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