This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
The Peerless Building 63 Eddy St
5,165 SF of 4-Star Office/Retail Space Available in Providence, RI 02903
Highlights
- Prime Downtown Location, Historic Charm, Tall Ceilings, New Store Front, Co-Tenancy, Mixed Use Building
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 5,165 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
This beautiful ground floor office unit in the historic Peerless Building is move-in ready for a mid-sized office looking for that perfect downtown location. Close to all the neighborhood amenities, cafés, coffee shops, restaurants, bars and downtown shopping, your employees will be excited to come to work every day. The 5,165 sf space offers both a large open floor plan for shared work space and multiple built conference rooms and smaller offices, perfect for ‘zoom rooms’ and smaller breakout meeting space. With its historic details and industrial styling, the space boasts exposed brick the length of the North wall with amazing natural light flooding into the full wall of oversized windows. Incredibly tall ceilings offer expansive volume. The large kitchen has a full sized refrigerator, dish washer, stainless sink and ample counter and cupboard space and room for a full sized dining area. The space has an exiting server room as we as rooms dedicated to sound recording and photography.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 13 - 42 People
- Conference Rooms
- Central Air Conditioning
- High Ceilings
- Natural Light
- Exposed Brick
- Central Location
- Conference Rooms
- Server Room
- High foot-traffic area
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT The Peerless Building
- Tenant
- Description
- US Locations
- Reach
- Civil
- Retailer
- 1
- Local
- Eno Fine Wines
- Liquor
- 1
- Local
- Homestyle
- Retailer
- 1
- Local
- Nail Communication Inc
- Professional, Scientific, and Technical Services
- 1
- Local
- Soulita
- Retailer
- -
- -
- Vault Providence
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Civil | Retailer | 1 | Local |
| Eno Fine Wines | Liquor | 1 | Local |
| Homestyle | Retailer | 1 | Local |
| Nail Communication Inc | Professional, Scientific, and Technical Services | 1 | Local |
| Soulita | Retailer | - | - |
| Vault Providence | Retailer | - | - |
PROPERTY FACTS FOR 63 Eddy St , Providence, RI 02903
| Property Type | Retail | Gross Internal Area | 151,502 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1866 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 151,502 SF |
| Year Built | 1866 |
About the Property
A brief of the building history: The Peerless Building, (ca. 1866, 1873, 1892) comprised of five individual buildings, the two most prominent built by William R. Walker, architect for original building and 1892 alterations, was established as a department store -- the first of its scale in Providence -- in 1866. The commercial building, which soon became known as the Boston Store, was immediately successful. The original store quickly outgrew its initial footprint and expansion on the site began in 1872. In the early 1950’s the Boston Store was bought by Peerless and operated in this location as Peerless department store through 1985. From 1993 through 2003 the building was home to two live music venues, the Met Cafe and Lupo’s Heartbreak Hotel, on the ground floor, featuring many famous musical acts of the time. Cornish Associates and DBVW Architect’s rehabilitation and redevelopment of the property began in 2004 and completed in 2005, bringing 9 commercial units to the ground floor, 97 residential apartments to floors 2-7 and a vast rooftop garden. A central atrium opens the 7 stories of the building up to natural light on the interior.
- Air Conditioning
Nearby Major Retailers
-
Joanna Levitt -
Cornish Associates LP
Presented by
The Peerless Building | 63 Eddy St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.