3-Unit Retail
5 Forbes Street East, Providence, RI 02915
For Sale
$899,999
Two tenants are set to remain, with the seller’s space becoming available at closing.
Property Size6,701 SF
Days on Market52
Property Features for 5 Forbes Street East
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Building Details
Building Size
Tenancy
Listing Agency:
RE/MAX
Listed By:
Robert Fox
Source:
Remaxcommercial
Added: Sep 24
Changed: Nov 10
Last Checked: Nov 12 at 4:10AM
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 RE/MAX
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit retail property has two occupied spaces and one space the seller plans to vacate at closing. The available space provides an open area within the center. Street frontage and on-site parking are also noted.
The property has access to I-195 and Route 6, with Providence and surrounding communities identified as accessible from the site.
The property has access to I-195 and Route 6, with Providence and surrounding communities identified as accessible from the site.
Key Highlights
- Three retail units, with two tenants remaining after closing
- Seller plans to vacate one space at closing
- Street frontage and on‑site parking
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
Santander Bank
Shops & Services
6,330 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,221 visits/mo
0.4 miles
SUBWAY
Dining
1,361 visits/mo
0.3 miles
Demographics for 02915, RI
16,603
Population
7,746
Households
2.1
Avg Household Size
47
Median Age
36%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
3,019
Density / Sq Mi
$90,558
Median Household Income
$61,062
Median Earnings
$1,482
Median Rent
$317,600
Median Home Value
Market
Vacancy Rate% for Retail in Providence, RI
Similar Off Market Nearby
- The Village At Fruit Hill — 1525 Smith St, North Providence, RI 02911
- North Providence Marketplace — 41 Smithfield Rd, North Providence, RI 02904
- Coinstar Kiosk - Bitcoin ATM — 15 Smithfield Rd Shaw's, Providence, RI 02911
Frequently Asked Questions
What type of property is this?
Shopping center - Two tenants are set to remain, with the seller’s space becoming available at closing.
Where is this shopping center located?
The property is located at 5 Forbes Street East Providence, RI.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Three retail units, with two tenants remaining after closing; Seller plans to vacate one space at closing; Street frontage and on‑site parking
