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Endcap Restaurant Space
For Lease
$23 SF/Yr

539 Smith Street, Providence, RI 02908

Recently upgraded restaurant space with a commercial hood, fire suppression, and convenient access within an anchored shopping center.

Space Size1,422 SF
Property Size38,430 SF
Days on Market63

Property Features for 539 Smith Street

General Information

Standard status Active
Size 1,422 SF
Net Rentable 1,422 SF
Property subtype Retail
Lease Term NNN

Space & Availability

Available Space 1,422 SF
Contiguous Space 1,422 SF
Space Use Restaurant
Available From Immediate

Site & Location

End Cap Yes
Anchor Co-Tenants Aldi Food Market, Advance Auto Parts, Family Dollar, Little Caesars, Popeyes
Traffic Count 31,000 vehicles/day
Road Access Yes

Additional Details

Commercial Hood Yes

Amenities

kitchen hood
Ansul fire suppression system

Building Details

Building Size 38,430 SF
Year Built 1958
Tenancy Multi

Spaces For Lease

at 539 Smith Street Contact us

Restaurant Space $23/SF/Yr

Size
1,422 SF
Type
Strip Center
Term
60 months
Contact us
Listing Agency: MG Commercial
Listed By: Dan Feiner · License #MA #132726
Source: Mgcommercial
Added: Jun 29 Changed: Aug 30 Last Checked: Aug 30 at 8:11AM

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 MG Commercial

Investment Insights

Based on property information with market context.

This 1,422-square-foot endcap restaurant space is configured for food service and includes a commercial kitchen hood with an Ansul fire suppression system. The unit was recently upgraded for restaurant use and is positioned for immediate occupancy. On-site parking supports customer access.

The space is located within a shopping center anchored by Aldi Food Market, Advance Auto Parts, Family Dollar, Little Caesars, and Popeyes. Reported traffic is 31,000 CPD, with entry available from Smith Street and Ruggles Street. The combination of an established retail setting, restaurant infrastructure, and endcap placement provides a practical format for a restaurant operator.

Key Highlights

  • 1,422 SF endcap restaurant space
  • Commercial hood and Ansul fire suppression system included
  • Recently upgraded into a restaurant space

Property Analytics

Current Use

ALDI Specialty Food Shop Little Caesars Pizza Restaurant Popeyes Louisiana Kitchen Restaurant Advance Auto Parts Auto Parts Store UPS Access Point ... Courier Service

Suggested Use

Top Pick Acupuncture Dental Office Daycare Center Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

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

31,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,927
Businesses Nearby
134k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 25% Groceries 12%
Taco Bell Dining
16,890 visits/mo 0.4 miles
Aldi Groceries
16,402 visits/mo 0.1 miles
Irving Oil Shops & Services
15,576 visits/mo 0.4 miles
IHOP Dining
12,648 visits/mo 0.4 miles
Burger King Dining
12,104 visits/mo 0.4 miles

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Recently upgraded restaurant space with a commercial hood, fire suppression, and convenient access within an anchored shopping center.
Where is this conventional restaurant located?
The property is located at 539 Smith Street Providence, RI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 1,422 SF endcap restaurant space; Commercial hood and Ansul fire suppression system included; Recently upgraded into a restaurant space
More about this property
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