Condominium at 521 South Water Street UNIT 115, Providence
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21 photos

$299,000

521 South Water Street UNIT 115
Providence, RI 02903
Listed by Jim Conway
Bedrooms
0
Bathrooms
1
Living area
906 sqft
Year built
1985

About this home

"CORLISS LANDING" Conway Commercial Group is pleased to offer this rare opportunity to acquire a first-floor professional office condo in the iconic Corliss Landing Building. Ideally suited for an investor or user, this suite is built out with 4 separate offices along with a kitchenette and private bathroom. Full glass front provides lots of natural and street level exposure for retail display. Take advantage of the park like courtyard setting for enjoying lunch or coffee break. Professionally managed marquis property providing unparalleled location in the center of Providence. Surrounded by every amenity desirable, you will enjoy your workday like never before. This complex has secure parking opportunities available for unit owners. Please note that this office suite is also a great investment option for non-users. 2 Large offices with rent potential of $1,400 each. Total $2,800 2 Small offices with rent potential of $700 each. Total $1,400 Total gross rental income of $4,200

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1416977
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
63
On market date
July 3, 2026
Stories
1
Total bathrooms
1
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Vartan Gregorian El. School
0.41 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
243
Student:teacher ratio
11.6:1
District
Providence
Middle
Urban Collaborative Program
1.05 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
108
Student:teacher ratio
10.8:1
District
Urban Collaborative
HighCharter
Village Green Virtual
0.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
217
Student:teacher ratio
9.4:1
District
Village Green Virtual

Walkability

Blended score for Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

98
Highly walkable
out of 100
EPA National Walkability Index
19.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Providence, from live MLS data.

On the market 63 days -- 21 more days than Providence's current average of 42 days.
For reference, the median list price across 1,473 active listings in Providence right now is $449,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,951/mo
$59,800 down
$239,200 loan
Principal & interest$1,551
Property tax (est.)$249
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated September 4, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.