10 Dorrance StProvidence, RI 02903

Property Details for 10 Dorrance St

Year built

1957

Construction

STEEL FRAME

Lot size

0.64 AC

Property size (Sq ft)

213,668 SF

Zone code

D-1-30

Property type

Other commercial real estate

Property subtype

Showrooms

APN

PROV M:20 L:18

APU

PROVM20L18

Description

This Class A office building, located at 10 Dorrance St Suite 700, Providence, RI 02903, offers 12,878 square feet of premium office space in Providence's financial district, directly across from City Hall. The building features 350 suites, with 5,970 square feet currently vacant, divisible down to a minimum of 10 square feet and offering contiguous space up to 1,300 square feet. The property, renovated in 2019, provides a range of office solutions, including private, fully furnished executive suites, coworking spaces, and creative office layouts to accommodate businesses of all sizes. Amenities include elevators, an on-site sandwich and coffee bar, and proximity to Providence Place Mall. The building offers various tenancy options, from serviced offices to custom spaces, disaster recovery solutions, and day offices, catering to diverse business needs. Additional benefits include a program offering exclusive discounts and procurement support. This exceptional location in the heart of Providence's business district ensures high visibility and easy access to major corporations and city services.

• CAP approach

  CAP return

  Valuation

  6%

  $51,928,784

  6.5%

  $47,934,260

  7%

  $44,510,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $70,353,008

  Geo Method

  $70,353,008

• Alternative Use

  Use

  Valuation

  Residential

  $40,434,344

  Hospitality

  $37,037,640

  Educational

  $30,814,882

  Medical

  $31,874,654

  Retail

  $47,934,260

Location Insight

City

Providence

County

Providence

State

Rhode Island

Latitude

41.8241

Longitude

-71.4117

CBSA code

39300

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].