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Compact Storefront with Basement Storage
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130 Westminster Street 127, Providence, RI 02903

Exterior retail space in The Arcade with dedicated lower-level storage and a small-business-oriented footprint.

Property Size291 SF
Days on Market6

Property Features for 130 Westminster Street 127

General Information

Standard status Active
Size 291 SF

Building Details

Year Built 1895
Listing Agency: Residential Properties Ltd.
Listed By: Lisa Jones
Source: Alpernandmesenbourg
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 1:03PM

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 compact storefront at The Arcade includes 131 SF of exterior retail space and an additional 160 SF basement storage area, totaling 291 SF. The configuration provides a customer-facing commercial area alongside dedicated room for inventory, supplies, or equipment. The property dates to 1895 and is positioned on Westminster Street in downtown Providence.

The location is identified as one of Providence’s recognizable downtown destinations, with pedestrian activity supporting a range of small-format commercial concepts. Uses specifically identified for the space include a florist, coffee or grab-and-go business, specialty retailer, or a food truck operator seeking a brick-and-mortar base. The tenant is responsible for utilities, while the owner pays taxes and association fees.

Key Highlights

  • 131 SF exterior storefront with 160 SF of basement storage
  • 291 SF total property size
  • Located at The Arcade in downtown Providence

Property Analytics

Current Use

Little Shop of Soups Restaurant

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Exterior retail space in The Arcade with dedicated lower-level storage and a small-business-oriented footprint.
Where is this storefront property located?
The property is located at 130 Westminster Street 127 Providence, RI.
What are key features of this property?
This property features: 131 SF exterior storefront with 160 SF of basement storage; 291 SF total property size; Located at The Arcade in downtown Providence
More about this property
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