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$299,000
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Property Description
Discover the ideal workspace to elevate your business in the heart of Providence's Corliss Landing. This beautifully updated first-floor office condo offers 906 square feet of thoughtfully designed space, perfectly suited for today's modern professional. Featuring a refreshed kitchenette and full bathroom, the unit provides both comfort and functionality. The layout includes three versatile office areas that can accommodate a variety of business needs. Flooded with natural light and showcasing a bright, contemporary feel, this space fosters productivity and creativity alike. Whether you're an established firm seeking to expand or an entrepreneur ready to own your first professional suite, Unit 551 presents a rare opportunity to invest in a prime, move-in-ready office space in one of the city's most desirable locations.
Full Property Details
Full Property Details for 555 S Water St #551
General
- Price: $299,000
- HOA FEE: $580/month
- Taxes: $6,460 (2024)
- Status: Active
- Type: Commercial
- Source: STWMLS
- MLS ID: 1397462
- Updated: 10/15/2025
- Added to Site: 93 day(s) ago
Business
- Name: Corliss Landing
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Key Card Entry, Fire Sprinkler System
Parking
- Total Spaces: 2
Location
- County: Providence
- Near Highway: Yes
Community
- Units Assoc/Comm: 551
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
Utilities
- Water: Connected, Water Tap Fee
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Stories/Levels: 0
- Building Size: 906
- Finished Total: 906 Sq. Ft.
- Finished Above Grnd: 906 Sq. Ft.
- Year Built: 1985
Lot Features
- Street Lights: Yes
- Potential Use: Office
Financial Considerations
- Association Fee: $580
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,460
- Tax Year: 2024
Disclosures and Reports
- Property ID: 555WATERST551PROV
- Lot Number: 0008-115
Listed by BHHS Commonwealth Real Estate
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Schools
Schools serving 555 S Water St #551
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903 | PK-5 | 0.5 mi |
Mary E. Fogarty El. School 199 Oxford Street, Providence, RI 02905 | K-5 | 1.1 mi |
Robert L Bailey IV, Elementary School 65 Gordon Avenue, Providence, RI 02905 | K-5 | 1.2 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 1.4 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.6 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.6 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 0.9 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 555 S Water St #551
Date
Details
Price
Change
Source
10/14/2025
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 555 S Water St #551
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,485
1%
$375,700
27%
2024
$5,448
—
$296,900
—
2023
$5,448
3%
$296,900
—
2022
$5,285
-25%
$296,900
3%
2021
$7,049
—
$287,000
—
2020
$7,049
—
$287,000
—
2019
$7,049
8%
$287,000
41%
2018
$6,513
—
$203,800
—
2017
$6,513
—
$203,800
—
2016
$6,513
-14%
$203,800
-11%
2015
$7,553
-2%
$228,200
—
2014
$7,702
—
$228,200
—
2013
$7,702
—
$228,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 555 S Water St #551
555 S Water Street #551, Providence, RI 02903 (MLS# 1397462) is a Commercial property. 555 S Water Street #551 is currently listed for $299,000 and was received on October 14, 2025. Want to learn more about 555 S Water Street #551? Do you have questions about finding other Commercial real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

