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Shopping Center with Pylon Sign

53 Village Plaza Way, Scituate, RI 02857

For Sale
New
$7,500,000

The property includes Walgreens and Brigido Mkt. among its tenants, with signalized access at both entrances.

Property SizeContact for details
Days on Market7

Property Features for 53 Village Plaza Way

General Information

Standard status Active
Property subtype Commercial

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Walgreens, Brigido Mkt

Additional Details

Tenant in Place Yes

Amenities

traffic lights at both entrances

Building Details

Year Built 1975
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Mike Foncellino
Source: Residentialproperties
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 10 at 2:17PM

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 Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1975, this shopping center at 53 Village Plaza Way in Scituate, Rhode Island, includes Walgreens and Brigido Mkt. among its tenants. A pylon sign provides tenant signage, and both entrances have traffic signals. The property also features a newer roof and paved parking.

Key Highlights

  • Walgreens and Brigido Mkt. are among the center’s tenants
  • Traffic signals serve both entrances
  • Pylon sign accommodates tenant signage

Property Analytics

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

Current Use

Rossi & Son Dental ... Dental Office

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Garden Center (Bike/Boat/Book/etc) Store Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
30k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Groceries 31% Hotels & Casinos 1%
Shell Shops & Services
13,095 visits/mo 0.2 miles
Brigido's Fresh Market Groceries
9,295 visits/mo 0.1 miles
Seasons Corner Market Shops & Services
5,839 visits/mo 0.3 miles
U-Haul Shops & Services
1,926 visits/mo 0.3 miles
Americas Best Value Inn Providence North Scituate Hotels & Casinos
268 visits/mo 0.2 miles

Demographics for 02857, RI

8,339
Population
3,549
Households
2.3
Avg Household Size
48
Median Age
38%
College-Educated
98%
High-School Grad
43.2 sq mi
ZIP Area
193
Density / Sq Mi
$108,813
Median Household Income
$60,958
Median Earnings
$1,463
Median Rent
$387,500
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

Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 2951 hartford ave, johnston, ri 02919
  • Scituate Village Shopping Center — 25 Village Plaza Way, Scituate, RI 02857

Frequently Asked Questions

What type of property is this?
Shopping center - The property includes Walgreens and Brigido Mkt. among its tenants, with signalized access at both entrances.
Where is this shopping center located?
The property is located at 53 Village Plaza Way Scituate, RI.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Walgreens and Brigido Mkt. are among the center’s tenants; Traffic signals serve both entrances; Pylon sign accommodates tenant signage
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