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    53 Village Plaza Way Scituate, RI 02857

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    For Lease
    $12 SF/Yr

    Well-maintained shopping center with retail and office spaces for lease.

    Building Details

    Year built
    1979

    Source: Coldwell Banker Realty - Franklin Agent Anna Foncellino

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

    Overview

    Retail and Office Space Available

    Village Plaza Way is a large, well-maintained shopping center featuring its own traffic light at the main entrance and a large pylon for tenant signage. The center is anchored by brand-name tenants, including Walgreens and Brigidos Market. Two units are available, one measuring 1,000 square feet and another at 2,500 square feet. The 1,000-square-foot unit can be subdivided into two 500-square-foot units. Ideal uses include office, retail, food service, banking, legal, dental clinic, medical, chiropractor, apparel, accounting, and physical therapy.
    Location Intelligence

    Current Use by Public Records

    Rossi & Son Dental ... Dental Laboratory

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Scituate Village Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Scituate
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5733391
    Latitude
    41.8364665

    Nearby Similar for Lease

    • $12 SF/Yr
      1,000 SF

      Retail Space in High Traffic Mall

      Retail space available in a high-traffic shopping mall.
      1 Village Plaza Way, North Scituate, RI 02857
      View Details

    FAQs

    What type of property is this?
    Shopping center - Well-maintained shopping center with retail and office spaces for lease.
    Where is this shopping center located?
    The property is located at 53 Village Plaza Way Scituate, RI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Well-maintained shopping center with **high visibility**.; - Features a **dedicated traffic light at the main entrance**.; - Anchored by brand-name tenants, including Walgreens and Brigidos Mkt.
    (401) 487-6001
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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
    53 Village Plaza Way Scituate, RI 02857
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