333 Westminster Street, Providence, RI, 02903 | $1,200,000

Imagine transforming this historic building into some of the most striking residential condominiums in Downtown Providence. With soaring floor-to-ceiling windows, exposed brick, and the character of a 1900 loft-style structure, the property offers a rare canvas for luxury redevelopment right in the center of the city's most walkable corridor. Each existing full floor is 3, 300 sq ft, presenting tremendous versatility. Developers could create three expansive luxury residences, each offering over 3, 200 sq. ft. of dramatic open living space, perfect for buyers seeking penthouse-style living with unmatched natural light and panoramic urban views. Alternatively, the building's width and column spacing allow for seamless subdivision into six beautifully proportioned 1, 600 sq ft units, ideal for boutique urban living, or high-demand rental inventory. The building's zoning D-1-120 already allows residential use, making this a turnkey opportunity for repositioning. With the city's surge in downtown population, demand for high-end, character-rich residences far exceeds supply. Westminster Street, surrounded by restaurants, galleries, universities, and new development has become the epicenter of Providence's urban revival. Elevator access, heavy power, sprinkler systems, and full-floor control support a smooth residential conversion. In short: the floorplan is perfect, the location is unbeatable, and the market is ready for a boutique luxury residential project with true wow-factor.

Features

  • Property Type: Commercial
  • Permitted Use: Commercial,Development,Residential
  • Construction: Brick
  • Utilities: Electricity Available,Natural Gas Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
  • Heating: Gas
  • Cooling: Central Air
  • Amenities: RestaurantRestaurant
  • Frontage: 55
  • Year Built: 1900
  • Acreage: 0.08
  • Est. Taxes: $25,200
  • HOA Fee: $1,958 Monthly
  • MLS#: 1401557
  • Website: https://www.raveis.com
    /prop/1401557/333westminsterstreet_providence_ri?source=qrflyer
Copyright © 2026  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Paramount Properties Group   Phone: 401-273-6100

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

333 Westminster Street, Providence, RI, 02903

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.007% 5.932%
Monthly Tax Payment $2,100 $2,100 $2,100
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,301 $5,679 $7,972
Total Monthly Payment $7,526 $7,904 $10,197

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.