Listing Agency: CBRE | Providence a***@cbre.com Show Phone

Listed By: Andrew Galvin Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:09PM

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Investment Insights

Based on property information with market context.

This retail property offers 4,200 square feet of space and is available for lease.

Key Highlights

• 4,200 square feet of retail space available
• Retail property for lease

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Daycare Center Locksmith Grocery & Convenience Store Tanning Salon

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

3,793

Businesses Nearby

27k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 70% Shops & Services 17% Apparel 13%

Insomnia Cookies Dining

8,828 visits/mo 0.2 miles

Citizens Bank Shops & Services

4,414 visits/mo 0.0 miles

Urban Outfitters Apparel

3,496 visits/mo 0.1 miles

Aroma Joe's Dining

3,363 visits/mo 0.1 miles

Pokeworks Dining

3,064 visits/mo 0.1 miles

Demographics for 02906, RI

25,559

Population

13,468

Households

1.9

Avg Household Size

35

Median Age

80%

College-Educated

97%

High-School Grad

3.1 sq mi

ZIP Area

8,245

Density / Sq Mi

$102,796

Median Household Income

$57,214

Median Earnings

$1,729

Median Rent

$582,700

Median Home Value

Market

Lease Benchmarks for Providence, RI

$17.1 /SF/Yr

Avg Asking Price

$10–$21.75 /SF/Yr

Price Range

3,284 SF

Avg Space Size

Vacancy Rate% for Retail in Providence, RI

8.5% 2019

8.8% 2020

7.9% 2021

6.2% 2022

6% 2023

5% 2024

6.7% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property available for lease, offering 4,200 square feet.

Where is this retail space located?

The property is located at 118 Waterman Street Providence, RI.

What are key features of this property?

This property features: 4,200 square feet of retail space available; Retail property for lease