Building Details

Year Built 1947

Buildings 1

Listing Agency: Mott & Chace Sotheby's Intl. Show Phone

Listed By: Gregory Arakelian · License #RES.0034788 Show Phone

Source: Lockandkeyre

Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:10PM

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Investment Insights

Based on property information with market context.

Built in 1947, this 1,368-square-foot commercial building combines a storefront with office space, a conference room, break room, and full bathroom. The interior arrangement offers several distinct work areas, and the property includes 5 private parking spaces. A current lease is in place. The parcel spans 0.121 acres and is connected to municipal water and sewer, with Commercial Downtown zoning.

In Jamestown’s downtown Village, the property is within walking distance of the harbor front and other amenities. Downtown Newport is 5 miles away, and RI TF Green International Airport is a 25-minute drive.

Key Highlights

• 1,368‑square‑foot building with storefront, office space, conference room, break room, and full bathroom
• Current lease in place
• 5 private parking spaces

Property Analytics

Current Use

Lila Delman Compass ... Real Estate Agency Matthew Berger Of Lila ... Housing Development

Suggested Use

Top Pick Plumbing Service Dental Office Parking Lot & Garage Hair Salon Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

314

Businesses Nearby

9k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 82% Home Improvements & Furnishings 18%

Cumberland Farms Shops & Services

7,695 visits/mo 0.3 miles

Jamestown True Value Home Improvements & Furnishings

1,709 visits/mo 0.1 miles

Demographics for 02835, RI

5,559

Population

3,177

Households

1.7

Avg Household Size

55

Median Age

68%

College-Educated

98%

High-School Grad

9.4 sq mi

ZIP Area

591

Density / Sq Mi

$141,442

Median Household Income

$80,625

Median Earnings

$1,932

Median Rent

$752,300

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar Off Market Nearby

• The Secret Garden — 12 Southwest Ave, Jamestown, RI 02835

Frequently Asked Questions

What type of property is this?

Storefront property - A current lease, private parking, and a flexible mix of retail and office areas are in place.

Where is this storefront property located?

The property is located at 19 Narragansett Avenue Jamestown, RI.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: 1,368‑square‑foot building with storefront, office space, conference room, break room, and full bathroom; Current lease in place; 5 private parking spaces