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High-Visibility Retail Property For Sale
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1 Eddie Dowling Highway, North Smithfield, RI 02896

11,552 SF retail property in a thriving suburban market.

Property Size11,552 SF
Days on Market115

Property Features for 1 Eddie Dowling Highway

General Information

Standard status Active
Size 11,552 SF
Property subtype Retail

Building Details

Building Size 11,552 SF
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Frontlinerepartners
Added: May 14 Changed: Sep 4 Last Checked: Jul 16 at 5:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

Located in a busy retail area of northern Rhode Island, this 11,552-square-foot property, formerly a Walgreens, is available for purchase. Constructed in 2014, the building offers visibility on Eddie Dowling Highway, with approximately 60,000 vehicles passing daily. The property includes pylon signage, a drive-thru, a second-floor mezzanine, and 53 parking spaces. It is suitable for various retail, medical, or service-oriented businesses seeking accessibility and brand visibility. The surrounding area has a population of about 67,000 and an average household income exceeding $90,000 within a three-mile radius. The location is near Route 146A and Interstate-295, providing regional access. A commuter rail line is located approximately eight miles southeast. Neighboring retailers include Walmart Supercenter, ALDI, Planet Fitness, CVS, Lowe’s, Home Depot, McDonald’s, Panera Bread, and Dunkin’, contributing to consistent consumer traffic.

Key Highlights

  • High‑visibility location on heavily trafficked Eddie Dowling Highway with approximately 60,000 vehicles per day.
  • Strong demographics with a population of approximately 67,000 and an average household income exceeding $90,000 within a three‑mile radius.
  • Convenient regional access to Route 146A (less than one mile) and Interstate‑295 (just over two miles).

Property Analytics

Current Use

Stop & Shop Gas Gas Station Western Union Bank

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Restaurant Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby
263k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 23% Groceries 14% Home Improvements & Furnishings 11%
Stop & Shop Groceries
36,696 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
29,281 visits/mo 0.5 miles
McDonald's Dining
27,210 visits/mo 0.1 miles
Dollar Tree Shops & Services
24,690 visits/mo 0.2 miles
Kohl's Apparel
23,287 visits/mo 0.4 miles

Demographics for 02896, RI

11,154
Population
4,759
Households
2.3
Avg Household Size
48
Median Age
34%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
485
Density / Sq Mi
$109,436
Median Household Income
$57,420
Median Earnings
$1,282
Median Rent
$423,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Janelle Gesterling 7 Dowling Village Blvd, North Smithfield, RI 028968266
  • Walmart Pharmacy 7 Dowling Village Blvd, North Smithfield, RI 02896
  • CVS Pharmacy 120 Eddie Dowling Hwy, North Smithfield, RI 02896
  • CVS 120 Eddie Dowling Hwy, North Smithfield, RI 02896
  • GNC 23 Dowling Village Blvd, North Smithfield, RI 02896

Frequently Asked Questions

What type of property is this?
Drug store - 11,552 SF retail property in a thriving suburban market.
Where is this drug store located?
The property is located at 1 Eddie Dowling Highway North Smithfield, RI.
What are key features of this property?
This property features: High‑visibility location on heavily trafficked Eddie Dowling Highway with approximately 60,000 vehicles per day.; Strong demographics with a population of approximately 67,000 and an average household income exceeding $90,000 within a three‑mile radius.; Convenient regional access to Route 146A (less than one mile) and Interstate‑295 (just over two miles).
More about this property
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