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Compact Downtown Retail Space

130 Westminster Street #127, Providence, RI 02903

For Lease
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An exterior storefront includes separate basement storage for additional inventory or supplies.

Space Size131 SF
Property Size291 SF
Days on Market82

Property Features for 130 Westminster Street #127

General Information

Standard status Active
Size 131 SF
Net Rentable 131 SF
Zoning D-1-300

Space & Availability

Available Space 131 SF
Contiguous Space 131 SF
Space Use Retail

Lease Terms

Lease Rate $650 /MO
Monthly Rent $650
Rent per SF/Year $59.54

Site & Location

Neighborhood College Hill
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $963

Building Details

Building Size 291 SF
Year Built 1895
Buildings 1
Units 2
Listing Agency: Residential Properties Ltd.
Listed By: Lisa Jones
Source: Berettarealty
Added: Aug 21 Changed: Nov 7 Last Checked: Nov 10 at 5:56AM

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.

Rey
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Investment Insights

Based on property information with market context.

This compact retail space at The Arcade provides 131 SF at street level, with an additional 160 SF of basement storage. The building dates to 1895, and the unit is designated D-1-300 zoning. Its exterior-facing configuration offers a street-level retail presence within the downtown property.

The space is at 130 Westminster Street in Providence. The tenant is responsible for utilities; the owner covers taxes and association fees.

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
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
$8.93 /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
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Market

Properties on Market for Retail space in Providence

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - An exterior storefront includes separate basement storage for additional inventory or supplies.
Where is this retail space located?
The property is located at 130 Westminster Street #127 Providence, RI.
What are key features of this property?
This property features: 131 SF of exterior retail space; 160 SF of basement storage; Located at The Arcade, 130 Westminster Street, Providence
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