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    41 Smithfield Rd North Providence, RI 02904

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored retail center; spaces available.

    Lot size:
    112,494 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    North Providence Marketplace offers exceptional retail space in a thriving Providence County location. This 112,494 square foot, grocery-anchored shopping center boasts a prime location in a densely populated area near two college campuses, ensuring high foot traffic and strong consumer base. Built in 1965 and renovated in 1994, the property features a mix of established tenants, including Shaw's Supermarket, Dollar Tree, and Rainbow, providing a stable and attractive environment for new businesses. Multiple spaces are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,975 square feet, offering flexibility for various retail concepts. Currently, 8,175 square feet of space is vacant, presenting a unique opportunity for expansion or new tenancy within this well-established center. Its strategic location within the Providence Metro Area, combined with its strong anchor tenants and established customer base, makes North Providence Marketplace an ideal investment for discerning retailers seeking a high-traffic, well-positioned property. The property's history of success, coupled with its convenient location and ample space options, makes it a compelling opportunity for growth and profitability.

    Property Features for 41 Smithfield Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    112,494 SF

    Building Details

    Year Built/Renovated
    1965/1994

    Unit(s) available at that property

    Space
    Suite 90
    Size
    3,000 SF
    Space
    Suite 140
    Size
    1,200 SF
    Space
    Suite 80
    Size
    3,975 SF

    HighLights

    • Providence County location.
    • 112,494 SF retail property.
    • Built in 1965, renovated in 1994.
    • Grocery‑anchored center with Shaw's, Dollar Tree, and Rainbow.
    • Densely populated area near two colleges.
    • Located in the Providence Metro Area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4466337
    Latitude
    41.8557189

    Nearby Comparable

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      19-29 Smithfield Rd N, Providence, RI 02904
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      Half-acre land parcel for lease at traffic-controlled intersection.
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      Renovated Commercial Space Available

      Versatile renovated space suitable for office, retail, or medical use.
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      10,261 SF

      Providence Retail Space For Rent

      Retail space near Providence College with strong parking.
      395 Admiral St, Providence, RI 02908
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    Nearby Similar for Lease

    • $16 SF/Yr
      3,000 SF

      Modern Showroom/Office Space Available

      3,000 SF showroom/office space with modern interiors and ample parking.
      1401 Douglas Ave, North Providence, RI 02904
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      29,765 SF

      Douglas Crossing Retail Center

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      1650 Mineral Spring Ave, North Providence, RI 02904
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      8,000 SF

      Mineral Spring Avenue Retail Opportunity

      Retail/Restaurant space with drive-thru option available on Mineral Spring Avenue.
      1951 Mineral Spring Ave, North Providence, RI 02904
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      Former Auto Sales and Service

      2700sf workspace with office, drive-in doors, ample parking.
      1885 Smith St, North Providence, RI 02911
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      1,288 SF

      Mixed-Use Property For Lease

      Mixed-use property with development opportunity at signaled intersection.
      1127 Mineral Spring Ave, North Providence, RI 02904
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      2,400 SF

      Drive-Thru Ready Retail Opportunity

      Ground lease opportunity with drive-thru potential in high-traffic area.
      3 Malcolm St, North Providence, RI 02904
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    • $3,000 /Mo
      1,400 SF

      North Providence Retail Office Space

      1400 SF retail/office space on major intersection with parking.
      1700 Mineral Spring Ave, North Providence, RI 02904
      View Details

    FAQs

    What type of property is this?
    Retail property - Grocery-anchored retail center; spaces available.
    Where is this retail property located?
    The property is located at 41 Smithfield Rd North Providence, RI.
    What are key features of this property?
    This property features: Providence County location.; 112,494 SF retail property.; Built in 1965, renovated in 1994.
    Request Owner's contact information
    41 Smithfield Rd North Providence, RI 02904
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    North Providence, RI 02904
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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
    41 Smithfield Rd North Providence, RI 02904
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