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$349,000

127 Dorrace Street UNIT 7B
Providence, RI 02903
Listed by Jason Ferri
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1897

About this home

Prime Downtown Office Space for Sale or Lease – Masonic Temple Building Discover a rare opportunity to own or lease a versatile office condo in the historic and beautifully renovated Masonic Temple Building, ideally located at the corner of Dorrance Street and Pine Street in the heart of downtown. Perfect for a law office or professional services, this space offers both style and practicality. Property Features: *Unit 7A: 1,310 sq. ft. (MLS #1376277) *Unit 7B: 2,279 sq. ft. *Combine both units for a total of 3,589 sq. ft. or utilize them separately to suit your business needs. (MLS #1376281) *Renovated in 2018: Updated with modern finishes while maintaining the building’s classic charm. *Seven (7) Private Offices: Spacious and designed for productivity. *Reception Area: Welcoming and professional entry point for clients and guests. *Break Room: Fully equipped for your team’s convenience. *Conference Room: Ideal for meetings, presentations, or client consultations.

Property details

MLS #
1376279
Property type
Commercial,Office
Subdivision
Downtown Providence
Status
Active
Days on market
621
On market date
January 16, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
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 (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
SouthSide Elementary Charter
0.83 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
143
Student:teacher ratio
17.9:1
District
SouthSide Charter School
Middle
Urban Collaborative Program
0.59 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
0.09 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).

97
Highly walkable
out of 100
EPA National Walkability Index
19.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores18
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 621 days -- 579 more days than Providence's current average of 42 days.
For reference, the median list price across 1,252 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
$2,252/mo
$69,800 down
$279,200 loan
Principal & interest$1,811
Property tax (est.)$291
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated January 27, 2025.

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.