136 Westminster StProvidence, RI 02903

Property Details for 136 Westminster St

Year built

1920

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.18 AC

Property size (Sq ft)

33,738 SF

Zone code

D-1-30

Property type

Other commercial real estate

Property subtype

Showrooms

APN

PROV M:20 L:366

APU

PROVM20L366

Description

The Lauderdale Building, a classic 5-story structure at 136 Westminster St, Providence, RI 02903, offers exceptional retail space in the heart of downtown. Built in 1894, this landmark building boasts 33,738 square feet and features two available suites, ranging from 1,963 to 2,563 contiguous square feet. A minimum of 2,100 square feet is divisible. The total vacant space amounts to 4,663 square feet. The property sits on a 7,790 square foot lot and is zoned D-1-30. Its strategic location at the base of College Hill, within the I-195 Redevelopment District and Jewelry District, provides unparalleled access to high foot traffic and visibility. Westminster Street, known for its vibrant culinary scene, shopping, and hotels, ensures a bustling environment. The building's classic architectural details add to its charm and appeal, making it an ideal location for businesses seeking a prestigious address in a thriving urban setting. The APN is 200366, located in Providence County.

• CAP approach

  CAP return

  Valuation

  6%

  $8,199,512

  6.5%

  $7,568,780

  7%

  $7,028,153

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,108,682

  Geo Method

  $11,108,682

• Alternative Use

  Use

  Valuation

  Residential

  $6,384,549

  Hospitality

  $5,848,212

  Educational

  $4,865,644

  Medical

  $5,032,982

  Retail

  $7,568,780

Location Insight

City

Providence

County

Providence

State

Rhode Island

Latitude

41.8239

Longitude

-71.4108

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].