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Freestanding Drug Store
For Sale
Contact for pricing
Pending

200 Academy Avenue, Providence, RI 02908

Former pharmacy property positioned as a standalone commercial building.

Property SizeContact for details
Days on Market142

Property Features for 200 Academy Avenue

General Information

Standard status Pending
Property subtype Retail
Listing Agency: JLL - Boston, Massachusetts
Listed By: Jeffrey Dinsmore · License #MA 9041196
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:16PM

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 JLL - Boston, Massachusetts

Investment Insights

Based on property information with market context.

This freestanding drug store property was formerly operated as a Rite Aid location. The asset is offered for sale at 200 Academy Avenue in Providence, Rhode Island, providing a standalone commercial building for consideration by retail and pharmacy users.

Key Highlights

  • Freestanding drug store property
  • Former Rite Aid location
  • 200 Academy Avenue address

Property Analytics

Current Use

Western Union Bank Cardtronics Atm Sarah Tashiro Pharmacy Dorothy Branchaud Pharmacy Fiona Leo-Mensah Pharmacy

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage HVAC Service Acupuncture (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.

Location Intelligence

Trade Area within ½ mile

1,626
Businesses Nearby
77k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 47% Shops & Services 29% Dining 24%
Price Rite Groceries
36,226 visits/mo 0.5 miles
Pollo Campero Dining
12,148 visits/mo 0.5 miles
Family Dollar Shops & Services
8,116 visits/mo 0.4 miles
Citizens Bank Shops & Services
6,933 visits/mo 0.1 miles
Family Dollar Shops & Services
5,354 visits/mo 0.2 miles

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value

Market

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Anthony's drug store 219 Manton Ave, Providence, RI 02909
  • Sarah Tashiro 200 Academy Ave, Providence, RI 029084453
  • Dorothy Branchaud 200 Academy Ave, Providence, RI 029084453
  • Fiona Leo-Mensah 200 Academy Ave, Providence, RI 029084453
  • Chris Matías inc 91 Canton St, Providence, RI 02907

Frequently Asked Questions

What type of property is this?
Drug store - Former pharmacy property positioned as a standalone commercial building.
Where is this drug store located?
The property is located at 200 Academy Avenue Providence, RI.
What are key features of this property?
This property features: Freestanding drug store property; Former Rite Aid location; 200 Academy Avenue address
More about this property
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