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Retail Space with Open Floor Plan
For Lease
$2,000/Mo

228 Oakland Avenue, Providence, RI 02908

Commercial/Business,Commercial Lease, Providence, RI

Space SizeContact for details
Lot Size0.09 Acres
Days on Market12

Property Features for 228 Oakland Avenue

General Information

Property type Commercial Lease
Property subtype Other
Parking 5
Lot features Sidewalks, Free Standing
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6515

Utilities

Heating system Forced Air

Building Details

Year built 1920
Floors in Building 1
Building materials Brick
Listing Agency: Keller Williams Leading Edge · Keller Williams Realty
Listed By: Erensoy Durmaz · License #RES.0046709
Added: Sep 30 Last Checked: Oct 11 at 3:06AM
MLS# 1424828

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick retail space has an open floor plan and forced-air heating. The building dates to 1920, and the property encompasses 0.09 acres. Food service, cafés, and restaurants are not permitted; potential uses identified for the space include retail, personal services, wellness, studio, and office operations.

The property borders Providence College. Dedicated parking is available behind the building, with additional street parking nearby.

Key Highlights

  • Open‑floor‑plan retail space in a brick building
  • 0.09‑acre property; building constructed in 1920
  • Dedicated parking behind the building, plus street parking

Property Analytics

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Current Use

Golden Crust Pizza Restaurant Forte Nutrition Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Acupuncture Storage Facility Carpet & Flooring Store Catering Service Cosmetic 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

Location Intelligence

Trade Area within ½ mile

1,631
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 20% Groceries 18% Electronics 2%
Dunkin' Donuts Dining
19,467 visits/mo 0.5 miles
Taco Bell Dining
16,890 visits/mo 0.5 miles
Aldi Groceries
16,402 visits/mo 0.3 miles
Little Caesars Pizza Dining
8,123 visits/mo 0.3 miles
Family Dollar Shops & Services
8,090 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Retail space - The adaptable space can accommodate retail, personal services, wellness, studio, or office uses; food service is not permitted.
Where is this retail space located?
The property is located at 228 Oakland Avenue Providence, RI.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Open‑floor‑plan retail space in a brick building; 0.09‑acre property; building constructed in 1920; Dedicated parking behind the building, plus street parking
More about this property
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