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commercial REAL Estate Opportunity, Downtown Providence
By Order of the state of Rhode island, Dept. of administration
50 Orms Street, Providence, RI


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ONLINE BIDDING ONly auction!
Bidding Opens: Tuesday, July 14, 2026 10:00AM
Bidding Starts to Close: Wednesday, July 15, 2026, 12:00 Noon
Inspection: By Appointment Only, July 1 & July 8

50 Orms Street, Providence, RI

 A commercial real estate opportunity, located in Downtown Providence. The property consists of a 108,708 square foot lot with a 78,217 square foot building. Centrally located just minutes from highways, State House and rails.

A Deposit of $50,000 in Certified, Bank Check or Wire Transfer required in order to bid.
2% Buyers Premium to be applied to sale price. Starting Bid: $3,000,000.00. Deposits MUST be delivered to the Auctioneer no less than 48 hours prior to the opening of the bidding. Deposits received after that time risk the chance of not being allowed to bid at the sale. For an inspection on either of the scheduled dates contact Sal Corio at 401-738-0400 or Email: sal@sjcorio.com

SOFT CLOSE RULE: Understanding how the lot will close with Online Bidding: At 12:00PM on Wednesday, July 15, Auction will begin to close. However, we use what is referred to as a soft-close. If someone bids on the lot with less than 4 minutes to the closing time, the lot closing time will be extended by four minutes. This is done so that a bidder is not shut out of the bidding by a quick last second click.

Property Documents: Please review the following documents as they may pertain to qualifying as a prospective bidder.