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Leased Restaurant Retail Investment
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103 Newport Avenue, Pawtucket, RI 02861

Fully leased restaurant investment with long-term leases and prominent visibility on Newport Avenue.

Property SizeContact for details
Days on Market146

Property Features for 103 Newport Avenue

General Information

Standard status Active
Property subtype Mixed Use
Occupancy 100%
Listing Agency: New World Realty
Listed By: william hermistone · License #MAB105150
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 22 at 4:39PM

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 New World Realty

Investment Insights

Based on property information with market context.

This fully leased investment property is currently operating as a pizza shop and restaurant under long-term leases. The offering benefits from remaining lease term(s), providing an occupied, income-producing setup.

Located at 103 Newport Avenue in Pawtucket, the property is positioned for strong street-level visibility along a busy commercial corridor.

As a restaurant-focused retail investment, the space is already configured for food service operations, supporting continuity for an investor seeking an established, tenant-occupied asset.

Key Highlights

  • Fully leased restaurant investment with long‑term leases remaining
  • Tenant uses include a pizza shop and restaurant
  • Busy Newport Avenue frontage with prominent visibility

Property Analytics

Current Use

Naz's Halal Food ... Restaurant Jesus King International ... Church Pizza Works Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair HVAC Service Cafe & Coffee Shop Bakery

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby
125k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 28% Shops & Services 26% Dining 21% Groceries 18%
Burlington Apparel
32,055 visits/mo 0.3 miles
Aldi Groceries
22,484 visits/mo 0.4 miles
Dollar Tree Shops & Services
15,087 visits/mo 0.2 miles
Hibachi Grill & Supreme Buffet Dining
12,971 visits/mo 0.3 miles
Dunkin' Donuts Dining
11,336 visits/mo 0.0 miles

Demographics for 02861, RI

27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully leased restaurant investment with long-term leases and prominent visibility on Newport Avenue.
Where is this conventional restaurant located?
The property is located at 103 Newport Avenue Pawtucket, RI.
What are key features of this property?
This property features: Fully leased restaurant investment with long‑term leases remaining; Tenant uses include a pizza shop and restaurant; Busy Newport Avenue frontage with prominent visibility
More about this property
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