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Multi-Suite Office Space

1845 Smith Street #5, North Providence, RI 02911

For Lease
$400/Mo

Heating and air conditioning are included, with electric service separately metered to the tenant.

Space SizeContact for details
Property Size500 SF
Days on Market132

Property Features for 1845 Smith Street #5

General Information

Standard status Active
Size 500 SF
Total Parking Spaces 12

Building Details

Building Size 500 SF
Year Built 1968
Buildings 1
Units 2
Listing Agency: REMAX Revolution
Listed By: Anthony Rampone · License RI RES.0046342
Source: Berettarealty
Added: Jul 2 Changed: Nov 4 Last Checked: Nov 9 at 5:50AM

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 REMAX Revolution

Rey
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Investment Insights

Based on property information with market context.

This 500-square-foot office property offers offices that may be leased separately or together, providing options for a single occupant or a small team. Heating and air conditioning are included. Electric service is separately metered, and the tenant is responsible for electricity. The lease term is 12 months.

Located at 1845 Smith Street in North Providence, the property offers access to major roadways.

Key Highlights

  • 500 square feet of office space
  • Offices may be leased individually or combined
  • Heating and air conditioning included

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Furniture & Home Goods Food Market Storage Facility (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$1.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby

Demographics for 02911, RI

16,384
Population
6,894
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,554
Density / Sq Mi
$85,803
Median Household Income
$53,209
Median Earnings
$1,480
Median Rent
$319,300
Median Home Value

Market

Lease Benchmarks for North Providence, RI

$12.88 /SF/Yr
Avg Asking Price
$9.6–$18 /SF/Yr
Price Range
634 SF
Avg Space Size

This space is priced 25% below the average of $12.88 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Providence County, RI

$20.77 Jul
$23.78 Aug
$23.07 Sep
$23.02 Oct

Properties on Market for Office Units in Providence County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Heating and air conditioning are included, with electric service separately metered to the tenant.
Where is this office unit located?
The property is located at 1845 Smith Street #5 North Providence, RI.
What is the lease rate?
The lease rate is $400/Mo.
What are key features of this property?
This property features: 500 square feet of office space; Offices may be leased individually or combined; Heating and air conditioning included
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