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    3 Malcolm St North Providence, RI 02904

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    For Lease
    Contact for pricing

    Ground lease opportunity with drive-thru potential in high-traffic area.

    Property size:
    2,400 SF
    Lot size:
    0.34 Acres

    Property Features for 3 Malcolm St

    General Information

    Size
    2,400 SF
    Lot size
    0.34 Acres

    Source: Eastern Retail Properties Agent Sam Peterson

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

    Overview

    Drive-Thru Ready Retail Opportunity

    This property is available for ground lease and is permitted for drive-thru use. The location offers high visibility and benefits from high traffic counts and strong demographics. Multiple configurations are available, making it ideal for a bank, coffee shop, quick-service restaurant, retail establishment, or medical/dental office. The property offers approximately 2400 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4563415
    Latitude
    41.8622595

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    FAQs

    What type of property is this?
    Drive through restaurant - Ground lease opportunity with drive-thru potential in high-traffic area.
    Where is this drive through restaurant located?
    The property is located at 3 Malcolm St North Providence, RI.
    What are key features of this property?
    This property features: - Permitted for drive-thru; - High traffic counts; - High visibility location
    (857) 231-6303
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    3 Malcolm St North Providence, RI 02904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Malcolm St North Providence, RI 02904
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