Residential Properties Ltd. takes pleasure in announcing the sale of 1 Charles Street in Providence for $1.74 million. Kim Winslow and Christopher Rowley of Residential Properties represented the seller.
“Listing and marketing a property of historic significance is no small undertaking,” said Kim Winslow. “It requires an additional preparation and attention to detail.”
“Our goal was to offer this historic building in a manner that resulted in the highest possible sale price while at the same time attracting a sophisticated buyer who will preserve and enhance this important piece of Providence History, and I believe we accomplished that mission,” said Christopher Rowley.
Since 1856, the building at 1 Charles Street has housed many businesses over the years, beginning with the Stillman Brass Foundry.
Providence Industrialist Stillman White manufactured an anti-friction metal used to line machine bearings. His product was renowned throughout New England during the Industrial Revolution. The Stillman White Brass Foundry continued to operate at this site until 1949. By the early 1970s, the building was abandoned. Later in the decade, it was rehabilitated for office use. Along with the Fletcher Office Building and Warehouse at 2 Charles Street, it is one of the few remaining nineteenth-century industrial buildings in the once heavily industrialized Moshassuck Square area.
Sources:
1. The “Industrial Sites and Commercial Buildings Survey (ICBS)” by PPS and the AIA, 2001-2002, hosted by the now defunct ProvPlan.org
2. “RHODE ISLAND: An Inventory of Historic Engineering and Industrial Sites”, Gary Kulik and Julia C. Bonham, 1978
