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Compact Storefront with Storage
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127-130 Westminster St, Providence, RI 02903

Exterior retail space with basement capacity for inventory, supplies, or equipment.

Property Size291 SF
Days on Market11

Property Features for 127-130 Westminster St

General Information

Standard status Active
Size 291 SF

Taxes and HOA fees

Annual Taxes $963
Listing Agency: Residential Properties Ltd.
Listed By: Lisa Jones
Source: Exprealty
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 30 at 6:23PM

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 Residential Properties Ltd.

Investment Insights

Based on property information with market context.

This storefront property at The Arcade provides 131 SF of exterior retail space along with 160 SF of basement storage, for a combined property size of 291 SF. The configuration offers a compact commercial setting with dedicated room for merchandise, supplies, or equipment. Potential applications identified for the space include a florist, coffee or grab-and-go concept, specialty retailer, or food truck operator seeking a brick-and-mortar base.

The property is located at 127-130 Westminster St in downtown Providence, placing the storefront within a destination associated with steady pedestrian traffic. The tenant is responsible for utilities, while the owner pays taxes and association fees.

Key Highlights

  • 131 SF exterior retail space
  • Additional 160 SF basement storage
  • 291 SF total property size

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

5,769
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Hotels & Casinos 34% Dining 7%
Marathon Shops & Services
8,137 visits/mo 0.5 miles
Residence Inn Providence Downtown Hotels & Casinos
6,054 visits/mo 0.4 miles
Bank of America Shops & Services
4,543 visits/mo 0.2 miles
Homewood Suites by Hilton Providence Downtown Hotels & Casinos
3,707 visits/mo 0.3 miles
BayCoast Bank Shops & Services
2,442 visits/mo 0.1 miles

Demographics for 02903, RI

13,264
Population
6,588
Households
2
Avg Household Size
33
Median Age
53%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,802
Density / Sq Mi
$62,987
Median Household Income
$40,294
Median Earnings
$1,640
Median Rent
$365,600
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Exterior retail space with basement capacity for inventory, supplies, or equipment.
Where is this storefront property located?
The property is located at 127-130 Westminster St Providence, RI.
What are key features of this property?
This property features: 131 SF exterior retail space; Additional 160 SF basement storage; 291 SF total property size
More about this property
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