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Compact Retail Space with Storage
For Sale
$75,000

130 Westminster Street, Providence, RI 02903

Commercial/Business,Commercial Sale, Providence, RI

Property Size131 SF
Price / SF$572.52
Days on Market459

Property Features for 130 Westminster Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning D-1-300
Lot features Sidewalks, Downtown, Historic
Standard status Active
Size 131 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 964

Building Details

Year built 1895
Number of units 1
Listing Agency: Residential Properties Ltd.
Listed By: Lisa Jones · License #RES.0035740
Added: May 22, 2025 Changed: Aug 20 Last Checked: Aug 23 at 10:06AM
MLS# 1385233

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This exterior retail space offers 131 SF on the main level, complemented by 160 SF of basement storage for inventory, supplies, or equipment. The compact configuration provides a physical retail presence without the scale of a larger commercial unit.

The space is located within The Arcade at 130 Westminster Street in downtown Providence, a setting identified for pedestrian activity. Zoning is D-1-300, and the building dates to 1895. The layout may accommodate a specialty retailer, florist, coffee or grab-and-go concept, or a food truck operator seeking a brick-and-mortar base.

Key Highlights

  • 131 SF exterior retail space
  • Additional 160 SF of basement storage
  • Located within The Arcade at 130 Westminster Street

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

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?
Retail space - Small-format retail space with dedicated basement storage at The Arcade.
Where is this retail space located?
The property is located at 130 Westminster Street Providence, RI.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 131 SF exterior retail space; Additional 160 SF of basement storage; Located within The Arcade at 130 Westminster Street
More about this property
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