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Retail Space with Strong Parking
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361 Reservoir Ave, Providence, RI 02907

Retail suite in a dense urban setting with excellent visibility, access, and strong parking.

Property Size1,100 SF
Days on Market1319

Property Features for 361 Reservoir Ave

General Information

Standard status Active
Size 1,100 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Hayes & Sherry
Listed By: Derek Brazeau · License #RES0041511
Source: Moodyscre
Added: Dec 22, 2022 Changed: Jul 26 Last Checked: Aug 1 at 1:20PM

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 Hayes & Sherry

Investment Insights

Based on property information with market context.

Located at 361 Reservoir Ave in Providence, this retail space is set in a dense urban environment with excellent visibility and access. The space offers uniquely strong parking to support day-to-day customer traffic.

The property also provides direct access to Routes 2 and 10, which can help improve convenience for customers traveling to and from the area.

Key Highlights

  • Retail suite in a dense urban setting
  • Direct access to Routes 2 & 10
  • Excellent visibility and access

Property Analytics

Current Use

MoneyGram Bank H&R Block Tax Preparation La Lune Salon Hair Salon Beauty Works Providence (Bike/Boat/Book/etc) Store 4 Seasons Restaurant Restaurant

Suggested Use

Top Pick Parking Lot & Garage Travel Agency Pet Grooming Service Butcher Nursing Home Veterinary Clinic

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

851
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 15% Groceries 14% Electronics 2%
Shell Shops & Services
14,401 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
10,213 visits/mo 0.4 miles
America's Food Basket Groceries
9,524 visits/mo 0.1 miles
7-Eleven Shops & Services
8,906 visits/mo 0.5 miles
Family Dollar Shops & Services
6,931 visits/mo 0.0 miles

Demographics for 02907, RI

29,827
Population
11,474
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
2.2 sq mi
ZIP Area
13,558
Density / Sq Mi
$49,564
Median Household Income
$32,619
Median Earnings
$1,136
Median Rent
$311,600
Median Home Value

Market

Lease Benchmarks for Providence, RI

$17.95 /SF/Yr
Avg Asking Price
$10–$23.41 /SF/Yr
Price Range
2,151 SF
Avg Space Size

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?
Retail space - Retail suite in a dense urban setting with excellent visibility, access, and strong parking.
Where is this retail space located?
The property is located at 361 Reservoir Ave Providence, RI.
What are key features of this property?
This property features: Retail suite in a dense urban setting; Direct access to Routes 2 & 10; Excellent visibility and access
(401) 273-2052 Call to check price and availability
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