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Retail Shopping Center with Traffic Light
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53 Village Plaza Way, Scituate, RI 02857

Well maintained shopping center for sale featuring a main entrance with its own traffic light and pylon signage.

Days on Market648

Property Features for 53 Village Plaza Way

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Amenities

traffic light at main entrance
large pylon for tenant signage

Building Details

Year Built 1979
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Mike Foncellino
Source: Teridegnan
Added: Oct 21, 2024 Changed: Jul 27 Last Checked: Jul 29 at 4:59PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Village Plaza Way is a well maintained, large shopping center with its own traffic light at the main entrance. The center also includes a large pylon for tenant signage. The property is offered with 3 units, including two units noted at 1,000 square feet each and one unit noted at 2,500 square feet.

The center has brand name tenants including Walgreens and Brigido’s Mkt., supporting a retail-oriented tenant mix. A dedicated main entrance with a traffic light is designed to support convenient access for shoppers and clients.

The units are described as having ideal usage for a range of office and service categories, including office/retail, food service, banking, legal, dental clinic, medical, chiropractor, apparel, accounting, and physical therapy.

Key Highlights

  • Well maintained 3‑unit shopping center (built in 1979) with a main entrance that has its own traffic light
  • Brand name tenants include Walgreens and Brigidos Mkt.
  • Large pylon available for tenant signage

Property Analytics

Current Use

Rossi & Son Dental ... Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02857, RI

8,339
Population
3,549
Households
2.3
Avg Household Size
48
Median Age
38%
College-Educated
98%
High-School Grad
43.2 sq mi
ZIP Area
193
Density / Sq Mi
$108,813
Median Household Income
$60,958
Median Earnings
$1,463
Median Rent
$387,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Well maintained shopping center for sale featuring a main entrance with its own traffic light and pylon signage.
Where is this shopping center located?
The property is located at 53 Village Plaza Way Scituate, RI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Well maintained 3‑unit shopping center (built in 1979) with a main entrance that has its own traffic light; Brand name tenants include Walgreens and Brigidos Mkt.; Large pylon available for tenant signage
More about this property
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