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    120 Point Judith Rd Narragansett, RI 02882

    Sponsored
    For Lease
    $0.12 SF/Yr

    Prime Narragansett location, versatile space.

    Lot size:
    1,359 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 120 Point Judith Road, Unit 8, Narragansett, RI 02882, offers 1,750 square feet of space in a single-tenant building situated on a 35,719 square foot lot. The building is a one-story structure with a B-B zoning designation, suitable for a variety of uses including retail, office, restaurant, and industrial businesses. The property's diverse zoning allows for flexibility in tenant selection, catering to businesses such as traditional office, warehouse, creative office, or executive office spaces. Other potential uses include specialty services, pet grooming, appliance sales, pet supplies, automotive parts and repair, bakery, salon/barbershop, card/gift store, specialty food store, clothing store, convenience store, fitness instruction, jewelry sales, and more. The property's high-traffic location on Point Judith Road ensures excellent visibility and accessibility for customers. While there are no on-site parking spaces, the high visibility and prominent location are key advantages. This presents a unique opportunity for a business seeking a strong presence in a busy Narragansett commercial area. The property's size and zoning make it an ideal location for a variety of businesses looking to establish or expand their operations in a thriving community. This is a single-tenant building, offering a unique opportunity for a business to establish a strong presence in a high-traffic area.

    Property Features for 120 Point Judith Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,359 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    8
    Size
    1,359 SF
    Rate per SF
    $0.12

    HighLights

    • 1,750 SF single‑tenant building on a 35,719 SF lot at 120 Point Judith Road, Unit 8, Narragansett, RI 02882.
    • One‑story building with B‑B zoning, allowing for diverse uses including retail, office, and restaurant.
    • High‑traffic location on Point Judith Road offers excellent visibility.
    • No on‑site parking; however, high visibility and location are key advantages.
    • Ideal for businesses seeking a strong presence in a busy Narragansett commercial area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Narragansett
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.4803448
    Latitude
    41.4269272

    Nearby Comparable

    • $0.04 SF/Yr
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      120 Point Judith Rd

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      Narragansett Commercial Space

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      120 Point Judith Rd, Narragansett, RI 02882
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    Nearby Similar for Lease

    • $0.12 SF/Yr
      1,359 SF

      Narragansett Commercial Space

      Prime Narragansett location, versatile space.
      120 Point Judith Rd, Narragansett, RI 02882
      View Details
    • Contact for pricing
      185,536 SF

      Salt Pond Shopping Center Retail Space

      Prime Narragansett retail space available.
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    • $0.04 SF/Yr
      6,512 SF

      120 Point Judith Rd

      Restaurants
      120 Point Judith Rd, Narragansett, RI 02882
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Narragansett location, versatile space.
    Where is this restaurant located?
    The property is located at 120 Point Judith Rd Narragansett, RI.
    What is the lease rate?
    The lease rate is $0.12 SF/Yr.
    What are key features of this property?
    This property features: 1,750 SF single-tenant building on a 35,719 SF lot at 120 Point Judith Road, Unit 8, Narragansett, RI 02882.; One-story building with B-B zoning, allowing for diverse uses including retail, office, and restaurant.; High-traffic location on Point Judith Road offers excellent visibility.
    Request Owner's contact information
    120 Point Judith Rd Narragansett, RI 02882
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    Narragansett, RI 02882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Point Judith Rd Narragansett, RI 02882
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