Free-Standing Restaurant
For Sale
Contact for pricing
223 Newport Avenue, Pawtucket, RI 02861
Free-standing restaurant space on a high-traffic Newport Ave corridor with excellent visibility and triple-net lease structure.
Days on Market274
Property Features for 223 Newport Avenue
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Additional Details
Equipment Included
No
Building Details
Year Built
1955
Listing Agency:
Coastline Realty LLC
Listed By:
Qing Lu Zhu
(401) 619-8222
Source:
Teridegnan
Added: Nov 2, 2025
Changed: Jul 30
Last Checked: Aug 1 at 4:39AM
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 Coastline Realty LLC
Investment Insights
Based on property information with market context.
Free-standing restaurant space located at 223 Newport Avenue in Pawtucket, RI 02861. The property is described as best suited for a long-term tenant and is positioned for a restaurant or food-related business. Please note that no equipment is included.
The space benefits from its setting on Newport Avenue, a busy main road with heavy daily car traffic and excellent visibility.
Built in 1955, the property is offered under a triple net lease structure.
The space benefits from its setting on Newport Avenue, a busy main road with heavy daily car traffic and excellent visibility.
Built in 1955, the property is offered under a triple net lease structure.
Key Highlights
- Free‑standing restaurant space at 223 Newport Avenue, Pawtucket, RI 02861
- On Newport Avenue with heavy daily car traffic and excellent visibility
- Triple net lease structure
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
334k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 27%
Shops & Services 24%
Apparel 20%
Home Improvements & Furnishings 14%
Market Basket
Groceries
91,655 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
42,709 visits/mo
0.5 miles
T.J. Maxx
Apparel
38,396 visits/mo
0.4 miles
Burlington
Apparel
29,692 visits/mo
0.3 miles
Olive Garden
Dining
24,254 visits/mo
0.3 miles
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Free-standing restaurant space on a high-traffic Newport Ave corridor with excellent visibility and triple-net lease structure.
Where is this conventional restaurant located?
The property is located at 223 Newport Avenue Pawtucket, 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: Free‑standing restaurant space at 223 Newport Avenue, Pawtucket, RI 02861; On Newport Avenue with heavy daily car traffic and excellent visibility; Triple net lease structure