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Compact Exterior Retail Space
For Lease
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130 Westminster Street, Providence, RI 02903

Commercial/Business,Commercial Lease, Providence, RI

Space Size291 SF
Days on Market52

Property Features for 130 Westminster Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning D-1-300
Interior features Ceiling Height (7 to 9 Ft), Ceiling Height (9 to 12 Ft)
Subdivision The Arcade In Providence
Lot features Sidewalks, Downtown, Historic
Standard status Active
Size 291 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 964

Utilities

Heating system Forced Air

Building Details

Year built 1895
Number of units 2
Listing Agency: Residential Properties Ltd.
Listed By: Lisa Jones
Added: Aug 21 Changed: Sep 17 Last Checked: Oct 11 at 5:06AM
MLS# 1421146

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 compact retail space at The Arcade includes 131 square feet of exterior storefront area plus 160 square feet of basement storage, for 291 square feet in total. The layout provides a customer-facing area with separate room for inventory, supplies, or equipment. Forced-air heating is installed, and the property dates to 1895.

Located at 130 Westminster Street in downtown Providence, the space is positioned within The Arcade and benefits from pedestrian activity associated with the destination. Zoning is D-1-300. The configuration may suit a small specialty retailer, florist, coffee or grab-and-go concept, or food truck operator seeking a brick-and-mortar base, subject to applicable requirements. The tenant is responsible for utilities; the owner pays taxes and association fees.

Key Highlights

  • 131 SF exterior retail area with 160 SF of basement storage
  • 291 SF total property size
  • Located at The Arcade, 130 Westminster Street, downtown Providence

Property Analytics

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Open 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.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$4.02 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Retail space - Downtown Providence storefront with supplemental basement storage and access to pedestrian activity at The Arcade.
Where is this retail space located?
The property is located at 130 Westminster Street Providence, RI.
What are key features of this property?
This property features: 131 SF exterior retail area with 160 SF of basement storage; 291 SF total property size; Located at The Arcade, 130 Westminster Street, downtown Providence
More about this property
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