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541 Smith St Providence, RI 02908

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For Lease
$23 SF/Yr ($2,725 /Mo)

1,422 SF restaurant space in high-traffic Providence shopping center.

Property size:
1,422 SF
Lot size:
3.66 Acres

Property Features for 541 Smith St

General Information

Size
1,422 SF
Lot size
3.66 Acres

Source: MG Commercial Agent Dan Feiner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Restaurant Space in Aldi Plaza

Located in a high-traffic shopping center anchored by Aldi Food Market, Advance Auto Parts, Family Dollar, Little Caesars, and Popeyes, this 1,422 SF end cap unit offers an opportunity for a restaurant operator. The space is fully built out for restaurant use and features a commercial hood and Ansul fire suppression system. Recently upgraded, the unit is in excellent condition and ready for immediate occupancy. This grocery-anchored shopping center is strategically located on Smith Street in Providence, offering visibility and accessibility. Situated near Providence College, La Salle Academy, and the Smith Hill neighborhood, the center benefits from a flow of local and student traffic. With easy access from both Smith Street and Ruggles Street, the center is well-positioned to serve the surrounding high-density residential neighborhoods. The area boasts demographics and is conveniently located near North Providence and Mineral Spring Avenue, thereby enhancing its regional appeal. This location makes the center an ideal destination for daily-needs retailers and service providers, backed by a customer base and anchored by a grocery tenant. The traffic is 31,000 CPD and there is ample on-site parking.
Location Intelligence

Current Use by Public Records

Family Dollar Dollar Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Table 12

Location Insight

  • Map
  • Local Demand
City
Providence
County
Providence
State
Rhode Island
Longitude
-71.4292309
Latitude
41.8371346

FAQs

What type of property is this?
Restaurant - 1,422 SF restaurant space in high-traffic Providence shopping center.
Where is this restaurant located?
The property is located at 541 Smith St Providence, RI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: - Fully built-out restaurant space with commercial hood and Ansul fire suppression system, ready for immediate occupancy.; - Located in a high-traffic shopping center anchored by Aldi, generating consistent customer flow.; - Excellent visibility and accessibility on Smith Street, near Providence College and other key locations.
More about this property
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