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East Providence Retail Opportunity
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45 Newport Ave, Rumford, RI 02916

Retail spaces available on Newport Ave with high visibility.

Space Size2,600 SF
Days on Market759

Property Features for 45 Newport Ave

General Information

Standard status Active
Size 2,600 SF
Property subtype RETAIL

Spaces For Lease

at 45 Newport Ave
45 Newport Ave AVAILABLE, Now
Floor 1
Size 2,600 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Introducing a prime retail opportunity at 45 Newport Ave in East Providence, RI! - This versatile property boasts two available spaces, including a 1,560 sq ft former Little Caesar’s restaurant and a spacious 2,600 sq ft retail space. - The possibilities are endless, as these spaces can be seamlessly combined to accommodate your unique business needs. - Situated on Newport Ave, a bustling thoroughfare, the property enjoys exceptional visibility with a traffic count of 33,000 vehicles per day ensuring maximum exposure for your business. - Adding to its appeal, the property shares signalized access with CVS, further enhancing accessibility for customers.
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Listing Agency: Tri Town Commercial Advisors
Listed By: Eric Szczepkowski · License #9067351
Source: Moodyscre
Added: Sep 19, 2024 Changed: Oct 14 Last Checked: Oct 16 at 10:47AM

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 Tri Town Commercial Advisors

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Investment Insights

Based on property information with market context.

Located at 45 Newport Ave in East Providence, RI, this property offers a retail opportunity with two available spaces. One space is a 1,560 sq ft former Little Caesar's restaurant, and the other is a 2,600 sq ft retail space. These spaces can be combined. The property is situated on Newport Ave, which experiences a traffic count of 33,000 vehicles per day. The property shares signalized access with CVS.

Key Highlights

  • High traffic count of 33,000 vehicles per day ensures maximum business exposure.
  • Signalized access shared with CVS enhances customer accessibility.
  • Two available spaces (1,560 sq ft and 2,600 sq ft) offer flexible options.

Property Analytics

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Current Use

Newport Plaza Shopping Center & Mall Chelo's Hometown Bar ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Spa & Massage Center

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

461
Businesses Nearby
138k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 27% Dining 26% Apparel 25% Groceries 16%
Burlington Apparel
32,055 visits/mo 0.2 miles
Aldi Groceries
22,484 visits/mo 0.2 miles
Dollar Tree Shops & Services
15,087 visits/mo 0.1 miles
Hibachi Grill & Supreme Buffet Dining
12,971 visits/mo 0.1 miles
Dunkin' Donuts Dining
11,336 visits/mo 0.1 miles

Demographics for 02916, RI

8,350
Population
3,941
Households
2.1
Avg Household Size
46
Median Age
43%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
3,093
Density / Sq Mi
$96,293
Median Household Income
$60,155
Median Earnings
$1,267
Median Rent
$360,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available on Newport Ave with high visibility.
Where is this retail space located?
The property is located at 45 Newport Ave Rumford, RI.
What are key features of this property?
This property features: High traffic count of 33,000 vehicles per day ensures maximum business exposure.; Signalized access shared with CVS enhances customer accessibility.; Two available spaces (1,560 sq ft and 2,600 sq ft) offer flexible options.
(617) 454-4460 Call to check price and availability
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