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51-55 Union St - National Building / The Strand Building 1,728 - 2,193 SF Office/Retail Condo Units Offered at $550,000 - $650,000 Per Unit in Providence, RI 02903



Investment Highlights
- Prime downtown Providence location
- Flexible layout suitable for bar, restaurant, or office use
- Excellent owner-user or investment opportunity
- Prime downtown Providence location
- Strong pedestrian and vehicular traffic
Executive Summary
Take advantage of this outstanding opportunity to own a commercial condo in the heart of downtown Providence. Ideally positioned within walking distance to Providence Place Mall, City Hall, and surrounded by thriving businesses, restaurants, and residential developments. This property offers exceptional visibility and convenience. Easy highway access makes it accessible for clients, employees, and patrons alike. The versatile layout makes this space ideal for a bar, restaurant, café, or professional office. With an open and adaptable floor plan, you can customize the interior to suit a hospitality concept, creative workspace, or traditional office setting. Property Highlights: * Prime downtown Providence location * Walking distance to Providence Place Mall and City Hall * Easy access to major highways * Flexible layout suitable for bar, restaurant, or office use * Strong pedestrian and vehicular traffic * Excellent owner-user or investment opportunity Whether you’re looking to establish your business in a high-demand area or add to your commercial portfolio, this property delivers location, flexibility, and long-term value. Contact us today for additional information or to schedule a private showing.
Property Facts
| Total Building Size | 28,755 SF | Typical Floor Size | 21,708 SF |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Lot Size | 0.54 AC |
| Building Class | C | Parking Ratio | 1.87/1,000 SF |
| Floors | 3 | Opportunity Zone |
Yes
|
| Zoning | D-1-12 | ||
| Total Building Size | 28,755 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 21,708 SF |
| Year Built | 1915 |
| Lot Size | 0.54 AC |
| Parking Ratio | 1.87/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | D-1-12 |
Amenities
Site Amenities
- 24 Hour Access
2 Units Available
Unit C002
| Unit Size | 1,728 SF | Condo Use | Office/Retail |
| Price | $550,000 | Sale Type | Investment or Owner User |
| Price Per SF | $318.29 |
| Unit Size | 1,728 SF |
| Price | $550,000 |
| Price Per SF | $318.29 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
Description
Take advantage of this outstanding opportunity to own a commercial condo in the heart of downtown Providence. Ideally positioned within walking distance to Providence Place Mall, City Hall, and surrounded by thriving businesses, restaurants, and residential developments. This property offers exceptional visibility and convenience. Easy highway access makes it accessible for clients, employees, and patrons alike.
Sale Notes
The versatile layout makes this space ideal for a bar, restaurant, café, or professional office. With an open and adaptable floor plan, you can customize the interior to suit a hospitality concept, creative workspace, or traditional office setting.
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Unit C003
| Unit Size | 2,193 SF | Condo Use | Office/Retail |
| Price | $650,000 | Sale Type | Investment or Owner User |
| Price Per SF | $296.40 |
| Unit Size | 2,193 SF |
| Price | $650,000 |
| Price Per SF | $296.40 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
Sale Notes
An exceptional opportunity to own a commercial condo in the heart of downtown Providence, perfectly suited for a bar, lounge, nightclub, or entertainment venue. This property benefits from strong foot traffic, nearby restaurants and nightlife, and close proximity to offices, residential developments, and major thoroughfares. The space offers a flexible, open layout ideal for a dance floor, stage, or customizable seating arrangement. The unit is nearly turnkey and requires only minor repairs and cosmetic updates to be fully operational. Property Highlights: * Prime downtown Providence location * Commercial condo ownership opportunity Ideal for bar, club, or entertainment concept * Open floor plan with adaptable layout * High-visibility area with consistent foot traffic * Minimal improvements needed Whether you are launching a new concept or investing in a high-demand entertainment corridor, this property presents a rare chance to own in downtown Providence's thriving commercial market. Contact us today for more details or to schedule a private showing.
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Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | 1,000 |
Presented by
51-55 Union St - National Building / The Strand Building
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