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Thayer Street Retail Space

249 Thayer St, Providence, RI 02906

For Lease
Contact for pricing

A 12,000-square-foot space along a retail corridor near Brown University and other educational institutions.

Space Size12,000 SF
Days on Market8

Property Features for 249 Thayer St

General Information

Standard status Active
Size 12,000 SF
Property subtype RETAIL

Site & Location

Neighborhood College Hill

Spaces For Lease

at 249 Thayer St
249 Thayer St AVAILABLE, Now
Floor 1
Size 12,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Sitting on the 50 yard line of Thayer Street, the busy retail corridor surrounded by Brown University, located in the heart of Providence’s historic East Side. 249 Thayer Street is within walking distance to Brown University, RI School of Design, Johnson and Wales University and three Private Day Schools.
Contact us
Listing Agency: The Discovery Group
Listed By: Joe Mardo
Source: Moodyscre
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 8 at 7:47AM

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 The Discovery Group

Rey
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Investment Insights

Based on property information with market context.

This 12,000-square-foot retail space is at 249 Thayer Street in Providence. Its position on Thayer Street places it within the area’s retail corridor.

Brown University, Rhode Island School of Design, Johnson & Wales University, and three private day schools are within walking distance. The property is also identified as being in Providence’s historic East Side.

Key Highlights

  • 12,000 square feet of retail space
  • Located on Thayer Street in Providence
  • Within walking distance of Brown University, Rhode Island School of Design, and Johnson & Wales University

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shake Shack Thayer ... Take-out & Catering

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Locksmith Nursing Home Grocery & Convenience Store Tanning Salon

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

3,793
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Shops & Services 17% Apparel 13%
Insomnia Cookies Dining
8,828 visits/mo 0.2 miles
Citizens Bank Shops & Services
4,414 visits/mo 0.0 miles
Urban Outfitters Apparel
3,496 visits/mo 0.1 miles
Aroma Joe's Dining
3,363 visits/mo 0.1 miles
Pokeworks Dining
3,064 visits/mo 0.1 miles

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Retail space in Providence

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - A 12,000-square-foot space along a retail corridor near Brown University and other educational institutions.
Where is this retail space located?
The property is located at 249 Thayer St Providence, RI.
What are key features of this property?
This property features: 12,000 square feet of retail space; Located on Thayer Street in Providence; Within walking distance of Brown University, Rhode Island School of Design, and Johnson & Wales University
(401) 864-4500 Call to check price and availability
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