Storefront Property with Picture
5-7 Main Rd, Tiverton, RI 02878
For Sale
Contact for pricing
Main-road storefront with full-size picture windows and abundant natural light.
Property Size3,002 SF
Price / SF$0.00
Days on Market579
Property Features for 5-7 Main Rd
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Coastal Realty
(508) 990-4280
Listed By:
Noble Vincent
(413) 626-1655
Source:
Churchillprop
Added: Apr 8, 2025
Changed: Nov 3
Last Checked: Nov 6 at 6:44AM
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 Coastal Realty
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Investment Insights
Based on property information with market context.
This 4,434-square-foot storefront property dates to 1900 and includes full-size picture windows that provide display area and natural light. The space is presented for retail or office use, offering a broad interior footprint for a future buildout.
Located at 5-7 Main Rd near the Tiverton and Fall River border, the property sits along a main thoroughfare. R30 zoning is identified for the site.
Located at 5-7 Main Rd near the Tiverton and Fall River border, the property sits along a main thoroughfare. R30 zoning is identified for the site.
Key Highlights
- 4,434 SF storefront property
- Full‑size picture windows provide product display area
- Natural light enters through the front windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,030
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,600
$1.0M
Cap Rate 7%
$714,714
$714.7K
Cap Rate 9%
$555,889
$555.9K
Market Conditions
NOI Build-Up for 4,434 SF
Gross rent
$79.8K $18.00/SF
− Vacancy
−$8.3K −$1.88/SF
EGI
$71.5K $16.12/SF
− OpEx
−$21.4K −$4.84/SF
NOI
$50.0K $11.28/SF
Area
Newport County, RI
Vacancy
10.45%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,600
Cap Rate 7%
$714,714
Cap Rate 9%
$555,889
Alternative Uses
Best Use
Retail
$714.7K
$625.4K – $833.8K
NOI $50,030 @ 7.0% cap · market cap 357,357.14%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.06M
$925.7K – $1.23M
NOI $74,057 @ 7.0% cap · market cap 528,978.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 02878, RI
16,359
Population
7,747
Households
2.1
Avg Household Size
50
Median Age
40%
College-Educated
93%
High-School Grad
29.1 sq mi
ZIP Area
562
Density / Sq Mi
$99,542
Median Household Income
$49,228
Median Earnings
$1,228
Median Rent
$367,400
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Newport County, RI
Properties on Market for Storefront properties in Newport County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- CDFloraldesign — 621mount, 621 Mt Hope Ave, Fall River, MA 02724
- Ray's Flower Shop — 1826 S Main St, Fall River, MA 02724
Frequently Asked Questions
What type of property is this?
Storefront property - Main-road storefront with full-size picture windows and abundant natural light.
Where is this storefront property located?
The property is located at 5-7 Main Rd Tiverton, RI.
What are key features of this property?
This property features: 4,434 SF storefront property; Full‑size picture windows provide product display area; Natural light enters through the front windows
