Pawtucket Restaurant Space For
For Lease
$15 SF/Yr NNN
223 Newport, Pawtucket, RI 02861
Restaurant space for lease on busy Newport Avenue.
Space SizeContact for details
Days on Market219
Property Features for 223 Newport
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,000
Building Details
Year Built
1955
Listing Agency:
COASTLINE REALTY LLC
(401) 400-1077
Listed By:
QING LU ZHU
Source:
Corcoran
Added: Jan 14
Changed: Aug 16
Last Checked: Aug 21 at 7:08AM
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.
This free-standing restaurant space is available for lease on Newport Avenue in Pawtucket. The property is located on a busy main road with high daily car traffic and excellent visibility. The location is suited for a restaurant or food-related business and is best suited for a long-term tenant. The property size is 4040 square feet. The lease rate is $15 per square foot, plus NNN expenses of approximately $5 per square foot. No equipment is included.
Key Highlights
- Prime location on Newport Avenue with heavy daily car traffic and excellent visibility
- Ideal for a restaurant or food‑related business
- Opportunity to establish a business in a high‑traffic corridor
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Apparel 33%
Dining 29%
Home Improvements & Furnishings 2%
Burlington
Apparel
32,055 visits/mo
0.5 miles
Dollar Tree
Shops & Services
15,087 visits/mo
0.3 miles
Hibachi Grill & Supreme Buffet
Dining
12,971 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,336 visits/mo
0.2 miles
Dollar General
Shops & Services
8,647 visits/mo
0.5 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
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Similar Off Market Nearby
- Palagis Ice Cream — 55 Bacon St, Pawtucket, RI 02860
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant space for lease on busy Newport Avenue.
Where is this restaurant located?
The property is located at 223 Newport Pawtucket, RI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location on Newport Avenue with heavy daily car traffic and excellent visibility; Ideal for a restaurant or food‑related business; Opportunity to establish a business in a high‑traffic corridor
