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Renovated Multi-Use Retail Suite
For Lease
$4,000/Mo

256 Putnam Pike, Smithfield, RI 02917

Recently renovated space offering retail and/or office use with large windows and customer/employee storefront parking.

Property Size4,000 SF
Days on Market37

Property Features for 256 Putnam Pike

General Information

Standard status Active
Size 4,000 SF
Property subtype Retail

Site & Location

Traffic Count 20,100 vehicles/day
Highway Access Yes

Building Details

Year Built 1945
Listing Agency: MG Commercial
Listed By: Dan Feiner · License #RI # RES.0029089
Source: Mgcommercial
Added: Jun 24 Changed: Jul 21 Last Checked: Jul 22 at 4:36AM

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 MG Commercial

Investment Insights

Based on property information with market context.

A recently renovated multi-use property offering up to 4,000 SF of retail and/or office space. The layout includes an open interior space with large windows for natural light and strong curb appeal. It also provides sufficient storefront parking for customers, clients, and staff.

The property is positioned for visibility and access, with great street visibility and tremendous highway access. The daily traffic count is stated at approximately 20,100 +/- cars per day. Conveniently, it is minutes from shopping, restaurants, and banking, making it well-suited for retail, office, or sales service uses.

Key Highlights

  • Recently renovated multi‑use property with up to 4,000 SF of retail and/or office space available
  • Large windows help bring in natural light, with open interior space suited to many uses
  • Sufficient storefront parking for customers, clients, and staff

Property Analytics

Current Use

Advanced Laser Clinic ... Skin Care Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility HVAC Service Auto Parts Store Electrical Service

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

20,100 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
137k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Apparel 19% Dining 17% Electronics 14%
Petco Shops & Services
25,104 visits/mo 0.3 miles
Old Navy Apparel
19,967 visits/mo 0.3 miles
Shell Shops & Services
14,754 visits/mo 0.3 miles
Dunkin' Donuts Dining
12,293 visits/mo 0.4 miles
Mobil Shops & Services
11,265 visits/mo 0.2 miles

Demographics for 02917, RI

14,738
Population
5,119
Households
2.9
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
689
Density / Sq Mi
$106,772
Median Household Income
$44,229
Median Earnings
$988
Median Rent
$416,100
Median Home Value

Market

Lease Benchmarks for Smithfield, RI

$13.67 /SF/Yr
Avg Asking Price
$10.37–$16.32 /SF/Yr
Price Range
3,957 SF
Avg Space Size

This space is priced 12% below the average of $13.67 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Recently renovated space offering retail and/or office use with large windows and customer/employee storefront parking.
Where is this retail space located?
The property is located at 256 Putnam Pike Smithfield, RI.
What is the lease rate?
The lease rate is $4,000 /Mo.
What are key features of this property?
This property features: Recently renovated multi‑use property with up to 4,000 SF of retail and/or office space available; Large windows help bring in natural light, with open interior space suited to many uses; Sufficient storefront parking for customers, clients, and staff
More about this property
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